The condo volume numbers are robust
At the lower end of single family resale market, buyers are having to turn to condominium units as a way of achieving ownership at a price they can afford. The over supply in our condo market is no longer an issue, as it's helping to ease our overall inventory shortage.
The price of purchasing a new build is becoming out of reach for many entry level buyers.
Inventory remains low, home prices continue stable and affordable.