20 Oct 2011

Condo sales market red hot in September

The real estate boom in the Greater Toronto Area continues to grow by leaps and bounds, as a new report indicates many people are buying condominiums in the area.

The Building Industry and Land Development Association revealed recently that there were approximately 3,800 new homes and condos sold in the GTA last month, as sales of low-rise units increased 5 percent year-over-year and sales of high-rise residences surging 53 percent. Overall, total new home sales are ahead of last year's pace by 34 percent.

The September sales rate for condominiums set a record for the month, which most recently was broken last year.

Among specific regions, Paul Golini, BILD chairman, said property purchases have been rife outside the city, accounting for 46 percent of the total. In fact, in the York region, high-rise condo sales have tripled since last September and are up 145 percent year-to-date.

Because condo units tend to be smaller dwelling spaces than homes, renting a storage unit may be worthwhile for Torontonians who are downsizing. 

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Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

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