Bungalows and single detached homes increase in price but condos fall 3 percent…Royal Lepage CEO says Toronto being flooded with condos more than any other city…analysts repeatedly have warned of looming oversupply of condos…more than 35,000 condo units currently under construction…

(Source: The Toronto Star)

The Toronto housing market may be on the way to recovery but the condominium sector is lagging behind, according to a report.

Read the full article by Tony Wong “Toronto condominium market lags behind housing boom” in the Toronto Star (Oct 9, 2009).

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