GTA top1% realtor Daisy Huang presents【Price vs YoY change% quadrant analysis for Condos in the Greater Toronto Area】

【2024 Greater Toronto Area Condo New Year’s List】
【Price vs YoY change% quadrant analysis for Condos in the Greater Toronto Area】
– In 2023, the average price of condo apartments in Greater Toronto Area was $730,000, experiencing a yearly decline of 4.9%.
– Our analysis of GTA condo apartments primarily focuses on Toronto City and its surrounding areas including Markham, Richmond Hill, Vaughan, Mississauga, and Oakville. In 2023, the most expensive condos were found in the downtown Toronto C12 Bridle Path area, with an average price ranking first at $1.6 million, and an astonishing 25% yearly increase. The C09 Rosedale area in downtown ranked second in GTA with an average condo price of $1.45 million, showing an 18% yearly increase. This achievement amidst the general decline across various property types in the 2023 Greater Toronto real estate market was indeed remarkable.
– On the Condo quadrant chart, the C12 and C09 areas stand out like two shining stars in a distant galaxy, proudly rising despite their low transaction volumes. These areas gleam brightly, distinct and exceptional amidst the crowd.
– In 2023, the highest-priced Condo transaction in GTA occurred in the Bridle Path, with a price exceeding $7 million. The wealthy inhabit their own world with its unique mindset, where their existence is deemed reasonable. This has implications for the common majority.
About Creator: Daisy Huang
– Top Realtor in the Greater Toronto Area
– KOL for GTA real estate market
– Diamond Award Winner
– Hall of Fame