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Toronto Median Condo Price In August 2019: $646,500, August 2024: $640,000, essentially flat
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Using Housesigma market trends, the median for sold price for Toronto condos in August 2019 was $646,500. In August 2024, it was $640,000. Essentially flat.
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Which is fine because mortgage payments will fall due to rate cuts and rent will continue trending up with the population surge. It can still be a profitable market.