Tuesday 20 March 2012


今早 Financial Post 头条。

Toronto high-rise condo sales slide 59% from last year
Mar 20, 2012 – 10:26 AM ET

Builders call it “stability” in the housing market but sales in Toronto’s high-rise market, which includes the volatile condominium sector, saw a 59% decline in sales from a year ago.

“After a record-breaking sales year in 2011, it would appear that the GTA new housing market is easing back into stability in early 2012,” says the Building Industry and Land Development Association in a release.

How much is it easing? For the first two months of the year RealNet Canada Inc. there were 1,633 high-rise sales compared to 3,348 a year earlier.

Prices also seem to have stabilized in the condo sector with the price per square foot up only 2% in February from a year earlier. Low-rise prices were up 10% compared to a year earlier which BILD blamed on government regulatory issues and charges.


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