Chestnut Park Toronto Real Estate Update ~ October 2017

November 15th, 2017

Report Prepared by Chris Kapches, LLB, President and CEO, Broker

The Toronto residential resale market returned to form in October. It returned to where it should have been before the frenzy set in at the beginning of this year and buyers began competing for properties indiscrimately and paying unreasonable prices. Price increases of 30 percent on a year-over-year basis are simply unsustainabl ...