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Mid-July MLS Analysis
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This week available resale condo inventory stands at 1414 units (MLS Districts C01, 02, 03, 04, 08, 09, 10, 11) down 22% from last year at this time. Available rental condo inventory stands at 980 units, down 21% from last year. This is the area bounded by the DVP, the Waterfront, Eglington Avenue and Dufferin. I think it is likely that prices will rise 5-7% in this area over the next year.
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