Downtown Toronto
Over 2,520 new homes and condos sold in Toronto and the GTA in May, 2009 according to the Building Industry and land Development Association (BILD).
So far this year the number of home and condo sales has been trending higher since January showing a positive trend month over month.
Some trends are showing home-buyers shift away from high rise Toronto Condo suites to affordable semi-detached, town homes and even single detached homes when they factor in incentives ,interest rates and price adjustments.
Sales of new Condos in Toronto and the GTA were 689 compared to 1,425 in the same month of May last year.
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