Market Watch – Condos are king!

The condo market is outperforming other segments of the housing market! The reason for this is tighter supply and a more focused interest from consumers. The rest of the market is more balanced with semi-detached and townhouses performing quite well!

Looking around our great city I’ve noticed vacant lots disappearing and cranes going up. This city will continue to grow for a very long time.  There are some very exciting condo projects that will start in the next few years that will change our skyline. The Mirvish/Gehry Project will completely redefine King Street West as will The One at Yonge and Bloor. Move over 1 Bloor East you won’t be the tallest building on the block!