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Toronto's property market is booming. Is it too late to inve
Guide reading:Faced with Toronto's "rising" property market, many investors who have been in a wait-and-see state have also been unable to sit back and actively "enter the market". So, shrewd you, do you still have to wait? New and expensive apartments in the Ar
Summer is the season for all things to grow.
Summer is a very busy season...
Even Toronto's real estate market
It also presents a vibrant scene.
The whole real estate market is,
Singing and advancing, the "rising" trend is gratifying!
 
According to the June real estate data released by the Toronto Real Estate Bureau (TREB) on July 5, a total of 8,082 transactions were completed last month, up 2.4% from the same period last year. The average transaction price was $807,871, which was also 2% higher than that in June last year. It reached a new 13-month high. Toronto's real estate market finally ushered in a long-overdue price-rise situation.  The low price of Wanjin Independent House rebounded nearly 100,000 to 1.36 million, while Lizhi Wenshan rebounded 70,000 to 1.45 million.
 
Toronto's property market is booming. Is it too late to invest now?
GTA property prices hit a 13-month high
 
Toronto is busy, vibrant and low-key. As Canada's largest city and the heart of culture and economy, its house price level has been keeping up with Vancouver's house price.
 
Recent data from Urbanation, Ontario Real Estate Data Company, Canada, show that the average rental price of independent property apartments in Great Toronto Area increased 11% in 2017 compared with the previous year, with a monthly rent increase of $214 and a rental price of $2,206. The average rent in urban areas is higher, reaching $2,432 per month.
 
The rapid growth of apartment rent rate along the way, coupled with the immigration bureau's open immigration policy for overseas students, has greatly promoted the Toronto apartment rental market and housing market in short supply, and the soaring prices are also expected.
 
Toronto's property market is booming. Is it too late to invest now?
 
Garry Bhaura, the Toronto Real Estate Authority, said the market was tight as the number of new houses on the market fell compared with last year, while buyers were returning to the market and sales were rising.
 
Jason Mercer, a market analyst at the Toronto Real Estate Bureau, predicts that housing sales will continue to grow next year, and that competition among buyers may become fierce due to the shortage of supply and demand.
 
Toronto's property market is booming. Is it too late to invest now?
 
In a report released by CMHC in February this year, it said that as far as the real estate investment situation is concerned, the rise in housing prices has attracted private micro-real estate investment. The real estate market is really profitable. Some homeowners rent their own houses so as to improve their ability to bear housing debts. The presence of investors has stimulated the supply of real estate by builders. Five percent of Canadians declare rental income. Of all those who declared rental income, 40% were in five big cities, indicating that real estate investors were highly concentrated in the big cities. As the number of rental earners increases, the average rental income decreases. The increase in the number of rent earners reflects that people choose real estate as a substitute in the case of low return on financial investment.
 
Faced with Toronto's "rising" property market, many investors who have been in a wait-and-see state have also been unable to sit back and actively "enter the market". So, shrewd you, do you still have to wait?
 
New and expensive apartments in the Arts District of downtown Toronto
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