Maybe people are finally realizing that selling vastly overpriced shoe boxes* to dim witted sheep is not a good thing?
Naww, people are just broke.
Despite a record number of construction cranes gracing the horizon, Toronto’s once thriving new condo market hit a dismal sales low in the first quarter of 2009, according to an industry analysis revealed today.
Read more here.
* It worked for the longest time though. Give an apartment a Latin name "Condominium" and it sounds better than it is, like cunilingous.
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