CondoOutlet effectively offers condo buyers an opportunity to purchase brand new units PRIOR to them being made available on the MLS/Re-Sale market.

It was formed in response to the needs of our investor clients who recognize that to effectively purchase more pre-construction units, they need to sell what they purchased several years ago quickly and efficiently.

These investor clients will assign/flip their properties prior to their completion to new buyers such as yourself at below market prices.

Our simple program was designed to provide an avenue for our investor clients to sell their condo units quickly and our re-sale clients to purchase brand new units at discounted prices.

At CondoOutlet we specifically cater to provide all of our clients a win-win scenario. Behind the scenes, you will find competent departments comprised of a committed group of Brokers performing a variety of services to complement the success of your new condo purchase.

Furthermore, CondoOutlet has a commitment to all its clients to provide unique and value added services in this highly competitive marketplace - It is the small touches that make the largest impact.

If you would like additional details as to the properties, prices, specifications on our exclusive listings, please contact us.

HOUSING MARKET OUTLOOK - Canada Edition

Overview

Housing Starts Increase in 2010

Housing starts:

After a slower year in 2009, housing starts will rise to 171,250 units in 2010 and to 175,150 units in 2011. A spillover of demand from the resale to the new home market will be a key factor this year.

Resales:

Sales of existing homes through the Multiple Listing Service® (MLS®)2 strengthened steadily through 2009. MLS® resales will be about 486,700 units for 2010, up from 464,730 units in 2009. As far as 2011 is concerned, there will be approximately 469,950 units sold.

Resale prices:

After dropping in 2008, MLS® prices moved higher during 2009 reaching $342,231 in the fourth quarter as sales rose ahead of new listings. As new listings catch up to sales and more balanced market conditions return, the average MLS® price is expected to edge lower reaching $339,126 by the fourth quarter of 2010. A modest increase in prices is forecast for 2011.

Ontario:

New home construction in Ontario moved lower to 50,370 units in 2009. However, 2010 will see a strong improvement to 60,700 units as the economy recovers from last year’s downturn. Both single and multiple starts will be a factor in the overall improvement in 2010 and later in 2011.

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