Iris Li, B.A.
Sales Representative

RE/MAX Goldenway Realty Inc.
Brokerage
Independently owned and operated.



Direct or Txt: 416.505.8023

 

Toronto North America's Hottest Condo City

May 28, 2011 - Updated: May 28, 2011

 

Determination pushed Greater Toronto Condo buyers to purchase a record 3,249 new Condominium suites to set a best April record ever.

 

April's new Toronto Condos buyers also saw sales up 23 per cent year-to-date but also this month registered as the third-hottest month ever.

 

According to Realnet Canada a new Toronto Condo was purchased every 13 minutes in the month of April, up 89 per cent over the same month last year.

 

The largest share of Condos were sold in Toronto, accounting for 74 per cent of the total Condominium sales.

 

Affordability and immigration into Toronto are playing a significant role in our Condo market. A very healthy economy and low mortgage rates have also helped move our Condo market along.

 

 

 


Tagged with: toronto condo market toronto condos blog toronto condo buyers toronto condo
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