Consumers are becoming nervous in buying Toronto Condos as they see world economies and the stock markets sliding with Toronto Real Estate prices going down, for the first time in a decade.

One big part of the market in Toronto Condos are the investors both local and international that are buying Condos here in Toronto and then rent them out after they are built. It is estimated that they make up at least 30 per cent of the Condo market.

Builders are ready for the new consolidation in their ranks and it is expected about 16,000 Condo units will be built in the Toronto Area in 2008, a figure that dwarfs New York and Chicago Condos.

Toronto consumers are going to bet on names they can trust in the Condo development market, both big and small.