Posted by: torontocondo | December 25, 2013

Toronto Condo Market Unsold Inventory Remains At Average Levels

According to a leading Toronto Condo Market research firm the unsold inventory of Toronto Condos remains at historical levels.

Condos in the downtown area of Toronto are registering about 15 per cent unsold units out of a huge market.

Toronto Condos are becoming more affordable than other types of housing in the city and are now accounting for 50-60 per cent of new home starts in Toronto and area.

This year 41 new Toronto Condo projects have been launched compared to 71 Toronto Condo projects last year.

Buying or selling a Toronto Condominium or other Toronto Real Estate? Please fill out this contact form and contact Iris Li, Toronto Re/Max Sales Representative for more information.