If the cost to purchase a detached home is too high or out of the question for a younger buyer, they may want to consider starting with a condominium for starters. By owning a condo, a young buyer gets to enjoy the rewarding feeling of home ownership and has a chance to build a real estate asset with the potential for equity growth

The last half of year, we have seen consecutive month of year-over-year home sales growth along with escalating prices across the region. Until recently the inventory was low and driving up the competition an now we are starting to see more homes being listed as many new sellers try to cash in and be a part of this sizzling hot market.