posted by trevorweir on Aug 29
The North American Condominium marketplace is primarily in the doldrums. The realestate mortgage situation with toxic mortgages mixed in with average risk mortgages and then resold to unsuspecting bankers around the world has finally blown up - well it did in late 2009. Toronto condos for sale being the exception.
When it blew up, so did many neighborhoods.
However, all of North America is not the same, and a few great neighborhoods in the US and most of Canada escaped this problem.
The availability of Toronto Condominiums for sale have in fact tanked because the condo market has literally exploded along with housing prices for nearly any kind of house in metropolitan toronto. Investment purchasing of Condos is back again.
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