Approximately 200,000 immigrants arrive in Canada every year and now maybe even more after our 2010 Winter Olympics.

The Greater Toronto Area needs and average of 40,000 newly built homes and Condos each year to house this growing population of 80,000 immigrants who settle here.

According to RealNet , home purchasers are looking for high-rise instead of  low-rise homes and Condo developers are making the trend easier with more Condos in more locations.

If new homes and new Toronto Condos do not keep up with the required 40,000 new homes yearly there will be insufficient housing resulting in upward pressures on housing prices.

Toronto Downtown Condos are the most popular for immigrants because of locations and price contributing towards a healthy Toronto Condo Boom.