Mahdi Mahdizadeh

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High-end home sales hit by new rules: Report

May 14, 2018 by thornhill201 Leave a Comment

 

New stress tests, higher rates and the foreign buyers’ tax have rippled into the top of the housing market. But condos are predicted to gain ground.

A shortage of supply and hot demand from downsizers is expected to boost the Toronto area’s luxury condo prices by 10 per cent in the next year, although high-end house prices won’t see the same lift, according to a luxury residential report by Royal LePage [Read Me]

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Mahdi Mahdizadeh
Real Estate on HomeLife/Bayview
505 Hwy.#7E.,#201Thornhill, Ontario
L3T 7T1

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