housingl: Toronto real estate. TORONTO IS A CONDO CITY! - 11/23/07 02:27 PM
Toronto has solidified its spot as North America's largest condominium market, according to a report that says 259 projects are in the works in the city's census area.
Urbanation, one of the country's major condominium market research firms, says condo sales skyrocketed over the first nine months of 2007. There were 16,790, sales - more than all of 2005, which was a record year. Sales will likely reach 21,000 by the end of the year. By comparison, New York City usually records about 10,000 condo sales a year.
"This is the highest number we've ever tracked since we started in 1981," said Jane … (0 comments)