In the past few years large numbers of Toronto Condos appeared to be all under construction at the same time.

Now people are wondering just who is lining up to buy these new Condos.

Just recently we had 1 Bloor East, The Aura Condos of College Park, Beyond The Sea and California Condos that proved to be very popular and buyers lined up sometimes for days to get a chance at buying their own units.

Forecasts are that Toronto employment and incomes could drop into next year until the economy starts to recover and this will impact current demand for homes, including Condos.

Just how much so remains to be seen as the Toronto Real Estate Market for 2009 is building on month to month increases in both sales and prices.

Affordability, choice of location, immigration and lower mortgage rates are encouraging home buyers to buy more of these new Condos.

Existing Resale Condos should stabilize in a median price range of $239,000 over the next 12 to 18 months according to a recent TD Economics report.

The first quarter of 2009 has seen the average home price rise from $343,632 in January, every month to $385,641 in April, a 12.2 per cent increase.

Just perhaps, December 2008 would have been an excellent time to buy for potential Toronto Condo lovers thinking about entering the Toronto Condos Market.