<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 2: Condos bought before their construction are no longer turning a profit</label>
    <description><![CDATA[Average Toronto condo price per square foot before and after building completion, by date of completion

The presale purchase price and resale price are measured three years before and two quarters after building completion, respectively.

Urbanation and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=251295</link>
</groupDetail>
<seriesDetail>
<series id="SABA_STRA20260128_C2_S1">
<label>Presale purchase price</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SABA_STRA20260128_C2_S2">
<label>Resale price</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Average between 2015 and 2022"><v s="SABA_STRA20260128_C2_S1">600.9</v><v s="SABA_STRA20260128_C2_S2">861.4</v></o>
<o k="2023"><v s="SABA_STRA20260128_C2_S1">836.3</v><v s="SABA_STRA20260128_C2_S2">1004.2</v></o>
<o k="2024"><v s="SABA_STRA20260128_C2_S1">925.1</v><v s="SABA_STRA20260128_C2_S2">941.0</v></o>
<o k="2025Q1"><v s="SABA_STRA20260128_C2_S1">1243.7</v><v s="SABA_STRA20260128_C2_S2">883.8</v></o>
</observations>
</data>