Downtown Toronto Real Estate is thrusting forward. An important segment of buyers have decided to stay away from the suburbs. This reversed city exodus is a good indicator of the overall downtown Toronto healthy economy. Basically, the trend indicates that many suburban homeowners as well as first-time home buyers want to avoid lengthy daily commutes, especially since the continuous drastic increase in fuel prices.

Toronto Condos actually lead in Sales: Simply look up "Toronto Condos for Sale" on the internet (Google, Yahoo etc.) or in your local newspaper and you will find quite a selection of condo–type dwellings to choose from, depending on your budget. According to the Toronto Real Estate Board as of February 2008, single family residential sales in Toronto are as follows: 11.4% Detached Condos, 8.0% Co-op Apartments, 23.5% Condo Apartments and 8.0% Condo Townhouses, which combined, represent 50.9% of the total market. The rest is divided between Single Detached and Semi Detached Homes, Link Houses and Attached Row Houses.


 In Toronto, “Condo for sale” signs are everywhere. Why?

Official real estate figures show that not only are Condo sales prevalent overall but that condo promoters and condo builders in Toronto can barely keep up with the demand in sales. It is not rare to spot lineups at Condo Sales Offices throughout the GTA and mainly in the core locations close to the trendy downtown business, entertainment and shopping areas, which enjoy a welcoming neighborhood-oriented facelift. However this shift in Toronto Real Estate Sales seems to go beyond simple economics and reflects a new urban lifestyle and a need for practical community living.

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