Toronto new condo sales hit record in October.

Original article via BNN. Click here to read.

The Building Industry and Land Development Association says the Greater Toronto Area’s supply of newly constructed condos last month hit its highest level since it began tracking that data about 15 years ago.

The group says that of the 5,377 new homes sold in the GTA in October, about 91 per cent of the units were multi-family homes, condo apartments in high-rise and mid-rise buildings and stacked townhomes, while the remaining nine per cent were low-rise, single-family homes.

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