Quote:
Originally Posted by Realtor 1
Condos are a bit of a challenge right now.
That said, I am still seeing plenty list and sell in under a few days... I personally am finding that inner city condo buyers know what they are after and will wait for it. When a certain attractive unit pops up on the market, you have a feeding frenzy on it and it sells for top dollar.
In years past, the buyers who miss out settle for option B or C where as they are now waiting for that option A to hit the market again.
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Very positive way of saying the average condo price is
down 17% year over year.
Edit: source: Creb.com
Quote:
Originally Posted by darklord700
Crazy, it's tipping towards a sellers market in May.
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Would you mind sharing the rational for this argument? I am interested in your metrics.