Office Sale Record
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TORONTO’S GTA HAS RECORD YEAR FOR OFFICE SALES
Nothing but good news and more good news. 2012 was the best year ever for commercial real estate sales. 1984 properties sold for more than a $1.0 million price tag. Approximately $13 billion in total sales was done in 2012 versus half of that amount in 2009. Sales in 2012 were almost 3% higher than that of 2011. A record 14 deals were closed in excess of $100 million. Good news, the 4th quarter of 2012 was the strongest quarter last year. All of this is just more evidence that the ‘world is ending’ doctrine being forced down consumers throats by our media is nothing more than unsubstantiated lies, lies, lies.