More people are buying condos in Toronto rather than single-detached homes states article in today’s National Post (which can be said to include the 2 to 5 unit build houses that comprise much of the old city of Toronto’s housing stock?)
The former City of Toronto, representing 50% of the GTA’s condo development activity, states a story in todays National Post.
Resale unit pricing was up 8.3% from last year
Construction began on 4,546 new condo units in the greater Toronto area in the first quarter of 2008
Survey: 56 more condos so far in ’08 (National Post)