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Chart of the Day: Midsize condos took a bigger share in deals in Q4 2019
Smaller condos still dominated sales volume in the quarter.
This chart from EDMUND TIE shows that the share of condo units sized 1,000 to 1,500 sqft expanded to 19% in Q4 2019, compared to 16% in Q3.
At the same quarter, the highest proportion of new sale transactions comprised units between 500 and 700 sqft, taking up a third or 33% of units sold. This unit size range mainly consists of 1- and 2-bedroom units.
The next highest proportion comprises units 700 to 1,000 sqft wide, taking up 32% of all units sold. Bedroom configurations at this size ranged from 1+study bedroom type in prime districts and 2- to 3-bedroom types.
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