Well guess what folks? Here is a quote from today's Condo Business magazine:
Greater Toronto Area condo sales saw a 21 per cent year-over-year increase in the fourth quarter of 2013, according to a new report from the Toronto Real Estate Board. In fact, analysts say that should similar conditions continue in 2014, condos will see year-over-year average price growth exceeding the rate of inflation.
So much for the newspapers (especially the Toronto Star) rant about the oversupply of new condos!