Once upon a time in Toronto real estate, there was a rule that investors followed religiously – you only buy a pre-construction condo if the price is lower than that of a comparable existing resale condo. If the price wasn’t lower than existing resale condos of similar quality in the immediate area, then it just […]
Pricing Starting to Favour Pre-Construction
December 2, 2009 / by Andrew la Fleur / Insights
Once upon a time in Toronto real estate, there was a rule that investors followed religiously – you only buy a pre-construction condo if the price is lower than that of a comparable existing resale condo. If the price wasn’t lower than existing resale condos of similar quality in the immediate area, then it just […]
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