Total sales for condos and townhomes increased 25% to approximately $63 million in Q1 2012 compared to $50 million in Q1 2011. Two-bedroom condos and townhomes are starting to show price increases. Single family homes also saw a sharp increase in sales volume to $47 million in Q1 2012 compared to $27 million in Q1 2011. The rental market continues to show strength, with increased rents across all property types.
NOTE: Lincoln Park Condos is one of our sponsors.
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