CONDO SALES CONTINUE TO RISE

The Building Industry and Land Development Association (BILD), issued a press release this week announcing that condo sales in Toronto reached a record high in the month of June.  91% of all new houses sold were condominiums with only 9% of new sales attributed to low-rise single family homes.   Despite the resale market slowing down, the Province’s fair housing plan in effect since April, has had very little impact on new home sales.  To read the full report, click here

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