A common marketing tactic in real estate is to slap "selling fast" on new launch websites. We tend to assume that what starts well will also end well so any property that's selling out quickly must, by conventional thinking of "wisdom of the crowd", will also end up being a top performer in the resale market. In practice, that.
The last time we did an article on profitable condos, this was by a ratio of the highest profitable-to-unprofitable transactions since 1995. But with the various cooling measures and different policies throughout the years, sometimes looking at transactions dating so many years back may not be the most accurate way of looking at profitability. As such, this time we narrowed.
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