Condominiums achieve unprecedented favour among Canadian homebuyers
November 14th, 2007Double-digit sales gains reported in most major
markets in 2007
After more than three decades of slow but steady growth, the
condominium concept has finally clicked with Canadian homeowners. The
lifestyle has proven to be a solid investment in housing markets across the
country, chalking up some of the most impressive gains in residential real
estate in 2007, according to the RE/MAX Condominium
Report.
Their universal appeal is substantiated, with every market reporting increased momentum in condominium sales volume over 2006 levels. In fact, 80 per cent of markets surveyed reported double-digit gains in sales year-over-year,
Their universal appeal is substantiated, with every market reporting increased momentum in condominium sales volume over 2006 levels. In fact, 80 per cent of markets surveyed reported double-digit gains in sales year-over-year,