New Condominium sales rose 97 per cent in September according to figures released by RealNet Canada to 1,365.
In comparison to September's 2008 lower totals, these new totals appear extremely high however in 2008 only 693 new Condos were sold.
The total new Home and Condo sales for September,2009, including the Greater Toronto Area were 3,883 compared to 2007 with 3,972 units sold.
Totals for September 2008, were 1,824 compared to September 2009 recent sales of 3,883, a 112.9 per cent increase.
Reasons for this this large increase in new Condominium sales were the numerous new projects on the market and buyers responding with their check books.
Pictured above on the right is a new Condominium project in the Bloor-Yonge area, The Casa Condos, and to the left is The Bloor Street Neighbourhood Condominiums. In the middle in the distance is The X Condos, all new projects in the same general area.
In comparison to September's 2008 lower totals, these new totals appear extremely high however in 2008 only 693 new Condos were sold.
The total new Home and Condo sales for September,2009, including the Greater Toronto Area were 3,883 compared to 2007 with 3,972 units sold.
Totals for September 2008, were 1,824 compared to September 2009 recent sales of 3,883, a 112.9 per cent increase.
Reasons for this this large increase in new Condominium sales were the numerous new projects on the market and buyers responding with their check books.
Pictured above on the right is a new Condominium project in the Bloor-Yonge area, The Casa Condos, and to the left is The Bloor Street Neighbourhood Condominiums. In the middle in the distance is The X Condos, all new projects in the same general area.
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