Wow! Prices are up!July 5, 2018 8:02 am
Looking at the condo market is a story onto it’s self! 416 prices have climbed nearly 10% year over year and supply is down 6% year over year! Prices last Spring and Autumn are looking pretty good right now, eh! I’m not going to tell you I told you so! Across the board prices are up from last year at this time and fully detached is nearly on par year over year. We are living in an incredible city and an amazing country and we are growing. This growth puts an upward pressure on prices. The other story that is pushing prices higher is construction costs but I will talk about that another day!