Saturday, 22 December 2012

Gibson Square - Condo Construction Update

Gibson Square Condo Construction
Yes, your eyes are not fooling you, we did get some massive snowfall due to the storm in the United States which came from Colorado.
As for Gibson Square it looks very fitting in its setting. The twin tower project is being developed by Menkes.


Condo Sales Down 7% from Historic Average for November 2012


RealNet.ca stated that condo sales in the GTA were down just 7% in November, from their historic average compared to the long term sales of condos in the GTA. However compared to last year, which was a record year for condos, sales were down 59%. Although last year one must remember that there were a record 28,0000 condo sales in the Toronto area for the year. Condo Sales in the GTA were raised by the almost sellout performance of Tridel's Ten York development which has rocked the condo community back into action with it's sales performance. They sold 85% of the 694 units they made available to the public upon release of the development

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