The Toronto real estate market is known for its diverse range of properties, including condominiums, single-family homes, and townhouses. It attracts buyers from various backgrounds due to its vibrant economy, cultural diversity, and strong job market. Prices can vary significantly depending on the neighborhood, with areas like Yorkville and The Annex often commanding higher prices. In recent years, the demand for housing in Toronto has led to increased competition and rising prices. The city has implemented measures to address affordability, such as encouraging the development of more affordable housing units. Overall, the market remains dynamic and continues to evolve.