Industry sources suggest that after an extraordinary year in 2007, Toronto's high-rise condominium market is slowing. Although sales remain strong, individual projects are having a more difficult time as a huge number of developers - 148 in the high-rise market - compete for buyers.
Toronto condo listings and sales came in at 3,433 in the first quarter of 2008 compared to to 3,425 for the same time last year. But those almost identical numbers were spread over 25% more buildings, as the number of projects in the cutycontinues to grow. The average price of Toronto condo listings was over $400 per square foot.
As with any real estate market it takes a skilled professioanl to help both buyers and sellers to make the right decision. Search for Toronto condo listings here and feel free to contact Frances and Abe Wang regarding any property you come across or to request more detailed information about the Toronto condo market.
Transglobal Realty Corp., Brokerage, independently owned & operated.
All Listings that are found on property searches on this website are from all participating Real Estate Brokerages who are members of the Toronto Real Estate Board and share their listing information with Webtech Dezine Inc. .
