Toronto condo buyers are out there, but ‘taking their time’

by Carolyn Ireland

Some shafts of light have started to break through the air of gloom that has been hanging over Toronto’s condo segment in recent months.

“It feels lighter,” says Christopher Bibby of the atmosphere in September. Consumers seem slightly more upbeat, in the opinion of the broker with Re/Max Hallmark Bibby Group Realty.

Languishing condo units have been finding buyers, Mr. Bibby says, but the action is inconsistent.

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