Pace of condo presales slows, but numbers remaining high

Wed, Jul 25, 2012

Vancouver Real Estate

The number of new concrete condos launched in Metro Vancouver has been strong for the first six months of 2012, but not nearly as strong as earlier forecasts. Real estate market firm MPC Intelligence had predicted in April that 7,800 new condos in concrete towers would be introduced to the market for sale in the first six months. That was down from an earlier prediction of 8,000.

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