CONDOMINIUMS DRIVING THE HOUSING MARKET!

Wednesday Mar 30th, 2022

Share

The new home market in the Greater Toronto Area saw another highly active month in February, according to new data from Altus Group and the Building Industry and Land Development Association.

A total of 3,630 new home sales took place in the region in February, a level that was 17% above the 10-year average for that month.

The new condominium apartment segment accounted for the majority of these transactions, with 3,048 sales that were 78% higher on an annual basis and 67% above the 10-year average for February. # SANDI HALPERN # SOLD # LEASED #  CONDOMINIUMS # HOUSING MARKET 

Post a comment