6 August 2014
It should be noted that the ten-year average for high rise sales in the GTA is 9,408. In case of low rise houses it’s 9,636.
The latest data shows a significant growth from weak sales at the start of 2014 with its 6,030 low rise homes sales and 7,562 condos sales. In Carras’ opinion, the rebound means developers watch the buyers’ desires closely. It means the sales increase may continue.
“This new condominium sales increase in the GTA shows the market responds to the buyers’ needs offering the right real estate at the good price and in the necessary locations,” he added.
For the condo style living lovers we are offering wide array of mortgage products without limitation on size, bedroom availability or location. Many of our banks and lenders partners will finance rental/investment condos at best rates on best terms.