Quote:
Originally Posted by GoinAllTheWay
Yep...seeing that in my complex.
Units regularly going for $350k and one as high as $400k. A year ago I didn't see one go for more than $300k. Finally a good time to list a condo.
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Which area of the city? When I sold my townhouse in the inner city last year after a few years of renting, the amounts floating around looked like they were hitting 2014-2015 pricing levels. I was glad to get out at around a 5% loss vs almost 20% less than what I paid (let alone put in) at one point.
However, IIRC townhouses and condos in the suburbs barely moved last year. I could see townhouses and condos in the outer areas start moving as people are realizing they're better off doing that than pay inflated rents elsewhere.