“Condo Market Report–1st Quarter 2012″
February was another strong sales month on the Toronto Real Estate Board with sales ahead by 16 % over February of last year. But this increase masks some subtle changes within the market. When you compare the 905 Region to the 416 Region, sales were up by over 20% in 905 versus less than 8% in 416. In fact, 61% of all sales occurred in the 905 Region. By property type, detached house sales were up 24% for the month versus only 10% for condos. In the Downtown condo market, sales were actually 4%....