Confidence Is On The Rise
The biggest thing that has changed over the last two years, I believe is confidence. And so we see that in the confidence of companies moving here, but we also see it in the residential market, particularly in terms of condo purchases where people are not reluctant to pay big numbers to invest in property and they have the knowledge that the prices are gonna continue to grow which means that demographically the city’s gonna continue to attract people and we need more housing and so that’s really the biggest change and so we’re seeing that reflected in land prices.
We’re seeing that reflected in the ultimate sale prices of condos and it’s sustaining a considerable growth in the city.