In Toronto, condos priced over the $5 million mark are experiencing strong demand.

Toronto buyers will likely return to purchasing condos once competition heats up again for single-family homes.

The report provides an outlook for major Canadian luxury markets such as Toronto, Montreal, Vancouver, Victoria, Ottawa, and Muskoka & Collingwood.

Engel & Völkers has partnered with the National Association of Gay and Lesbian Real Estate Professionals to advocate for LGBT real estate rights.