Condos Taking Hold Over 905 Regions.

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As the boom of condominiums continues to take hold in 905 different regions, Markham has lead the way for new housing which has started in August.
According to figures released by the Canada Mortgage and Housing Corporation, Oakville has recorded the second-highest number of high-rise after the city of Toronto.
One of the major indicators of economic health and activity is Canadian housing. The rate of Canadian housing has dipped from 199,800 units in July to 192,400 units in August on an annualized basis.  

High-rise condominiums are the majority of the new homes on which the construction has begun at approximately 110,800 units compared to new low-rise homes which are about 64,800 units. If this intensification continues to march skyward we will soon have a bigger gap between the two types of housing.

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