A recent survey conducted by real estate information services company, RealNet Canada, provides proof that high rise condo sales in the city outrank all other residential structures in the current market. Out of every 10 homes sold in Toronto, six are condominium units.

Affordable, generally cheaper than houses, more amenities, and typically located conveniently near public transportation…I guess most people see the value of investment in real estate and scramble to buy, rather than wait a few more years just to have their own backyard. It’s no wonder that condo sales in September were up by 66%. It’s too early to know what the stats are for October, but I’m sure the trend will continue.

This entry was posted on Monday, October 29th, 2007 at 12:58 pm and is filed under Condominiums. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.