There appears to be no end to the Toronto Condo Boom with over 11,200 new units started in the first seven months of 2008.
This is more than the total number of housing starts in 2007.
Clearly there is a shift from developers building in the suburbs to now focusing on the City Of Toronto.
Canadian Mortgage and Housing are forecasting record high rise starts for 2008 and very high levels for 2009.
The result today is Toronto has more high-rise Condo construction than any where else in North America.
Surprisingly Toronto ranks third behind Hong Kong and Singapore in most skyscrapers per capita.
According to Emporis, a company who tracks high-rise buildings world-wide, Toronto currently has 99 high-rise buildings under construction, second only to New York City who has 179.
Current new and resale Toronto Condos can be viewed on our Toronto Real Estate web site.
FYI Double Click on the picture for a great view of the Toronto waterfront Condos!
