Price gap between condos, houses swells to record level
Article by Tamsein Mcmahon, The Globe and Mail, February 9, 2015
“For many first-time home buyers, condominiums have been the easiest way to get a foothold into the housing market, a pit stop on the way to a dream home.
But a flood of new high-rise condos and fierce bidding wars for urban detached houses has caused a widening gulf between the price of condos and houses, which last year reached a record high.”
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