CONCLUSION
The numbers continue to show increased consumer confidence, at least when it comes to home ownership in Toronto. With less than two months of inventory in low-rise homes all indicators point to strong price growth for the remainder of this year. The condo market has benefitted from enough buyer interest to result in above-inflation price growth, despite the increase in inventory with many new projects nearing completion. July is starting off to be another record breaking month, as long as the weather cooperates!
