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Toronto: Demand for offices, condo bidding wars and the echo boom’s influence

Posted on 23 January 2013

For the past six months, local real estate chatter revolved around Toronto’s cooling housing market. This week presented a refreshing change: three separate stories on how and why the city’s real estate sector is still alive and, in the case of commercial property, in hot demand. Below, we break down what the latest numbers mean.
RealNet Canada’s 2012 data supported earlier signs of the high demand for downtown office space. The research firm says investment in GTA office properties is up eight per cent, to $2.85 billion, thanks to deals like the sale of the TD Canada Trust Tower ($453 million) and Standard Life Tower on King West ($306 million)………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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