By: Roy Boni
Tags: Outlook 2018
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Greater Toronto Area
2018 forecast: prices up 6.8 per cent; weighted average price rises to: $901,392
2017 forecast: prices up 10 per cent; weighted average price: $793,000
“While the condo market should continue to see price growth from high demand, buyers looking at detached properties in the first quarter will be able to ask for conditions, have a much greater selection and should be competing against fewer multiple offers,” Shawn Zigelstein, sales representative at Royal LePage Your Community Realty, said in the report.