The Latest on Condo Apartments and Townhouses - JULY 2021
- Extremely likely that condo apartment prices will fully rebound and surpass 2020 peak pricing during 2021.
- 2021 lockdown has not affected buyers the same way the 2020 lockdown did.
- Buyers have a limited amount of time before pricing in 2021 ends up being higher than anytime during 2020.
- Condo townhouse pricing has already surpassed 2020 peak levels of pricing, and is not showing any evidence of slowing down
- Selling a condo townhouse has never been better (for the seller)
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The number of condominium apartment rental transactions in the second quarter of 2021 was more than double the number reported in the same period last year