Condo Sales Falling in Toronto – Opportunity???

Every Cloud Has A Silver Lining!

Recent reports of a falling sales and investors sitting on the sidelines may just present an opportunity to the seasoned Real Estate Investor.

“Buy Low,  Sell High” is the way investors hope the market will favor them.  The next few months should bring a correction and with that a “Buyers Market”. There are so many condos for sale right now, plus more being built as we speak.

When I came across the article Five Traps to Avoid, When Buying A Condo,  I thought this would be a good time to share it here on the blog. I hope you find it informative, especially if you’ve thought about buying a condo as an investment.

Perhaps the next few months will bring new opportunity for investment in this sector of the housing market. Food for thought: Not everyone who wanted to buy a Condo in the GTA can do so because of the tougher lending guidelines so this could be a good rental option. After all we all need a roof over our heads.

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