Monday, 22 August 2016

High-rise living increasingly part of GTA’s high-priced housing

High-rise living and sky-high home prices aren't just for downtowners any more.
Toronto is still the hotbed of condo activity, with more than half of sales occurring in the city. But apartments are a hot commodity all over, with sales across the region rising 52 per cent in July compared to the same month last year.
Low-rise home sales declined 32 per cent last month, part of a 7 per cent drop this year to date. But high rises have risen 25 per cent year over year in 2016.

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