Every Friday we round up the week's news related to condo sales and marketing, paying particular attention on the Toronto condo market. Here’s what the media had to say the week of December 19th, 2011:
Absolute Tower is absolutely pricey: The Toronto Star: The most expensive new condo project in the 905 has launched! “A 56th-floor penthouse in the iconic tower, with 180-degree views of the lake and the city’s skyline... is generating a lot of buzz.” Watch our exclusive video of the property below...
The Globe and Mail reported the economy and number of available units may affect 2012 condo market.
“Canadian home prices to fall 5 percent: BofA report,” according to a Reuters story.
Canada's housing boom among longest in Western world, Globe and Mail - Dec 20, 2011
Canada's housing boom is among the most long-lived in the Western world at 13 years, but the next few years could chip away at the gains that have seen the average house increase in value by 85 per cent since 1998. In a report released Tuesday that ...
Canada's real estate market likely to cool: report, CTV.ca - Dec 20, 2011
Canada is at the top of a list of 10 developed nations when it comes to the health of our real estate market, but activity is expected to cool here too, according to a new report from Scotiabank. The report into global real estate trends says the slow ...