23 August 2019
Boundaries of those neighborhoods are the same as Toronto Real Estate Board areas in the MLS sysytem.
There are 2 areas where house prices showed more than 100% appreciation over the last 5 years as well as 8 areas with such appreciation for condos.
Forest Hill/ Oakwood Village’s (area C03) price for houses skyrocketed by 121% from July 2015 till July 2019 while Regent Park, St. James Town and Corktown (C08) showed 101% prices increase.
The biggest increase in condo category belongs to the area E10 – West Hill, Centennial Scarborough. Here prices went up by jaw dropping 147%!
Here is wise to remind that past performance does not guarantee the future results, however Toronto real estate market have already picked up and looking to post solid increases.