Toronto condo and home sales in the Toronto Real Estate Market were 28,000 in comparison to the 45,000 sales in 2007.

The unstable economic times with layoffs and job cutbacks are making potential purchasers exercise extra caution in their Real Estate purchases wether for investment or home ownership.

This uncertainity is having a big affect on the entire Toronto real Estate market.

The figures for new Toronto home sales for 2008 were  split 55 percent for Condos and 45 per cent for low rise semi detached and townhouses.