Mark Allen, REALTOR®

Toronto Real Estate 2018 synopsis and 2019 Predictions

29 January 2019

Toronto Real Estate in 2018 was a re-balancing act and all told the market came out stronger, healthier and ready for a normalized 2019. We have released our video with a 2018 quick synopsis and a few predictions for 2019. As the numbers stand 2018 was another year of the Condo, which we all know as an entry-level housing asset, moving into 2019 we predict another strong year for Condos and possibly a resurging market for Detached homes in the 416.

Predictions for 2019: single digit Condo growth once again. Detached movement due to price shrinkage between asset type. Rentals will increase and bounce some lessees to owners, potentially Condo or other if the Government relaxes regulations(we look forward to hearing how Morneau will assist Millennial buyers).

If you or a friend are in the market for 2019 - please reach out and let's get started on your buying, selling or leasing journey. We love to help investors too. Looking forward to hearing from you this year.

Watch the predictions video here -