Condos a bright spot as Toronto-area home sales revisit levels last seen in 2000
Condos emerged as the surprising glimmer in a gloomy Toronto-area housing market in December, as the quietest year in residential real estate since 2000 wound down.
Daren King, senior economist at National Bank of Canada, notes that sales in the broader Greater Toronto Area market sagged in the final month of the year, but he attributes all of the decline to the non-condo segment.
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