condominium resale

Prices are moving up due to higher transactions.

Resales may moderate in January and February but bounce back after.

New projects delays and homeowners cashing in on the housing boom drove up sales.

There are more buyers than sellers present in the market, OrangeTee says.

An estimated 1,736 units were resold in September.

There was a 4.9% increase in condo resale volumes in August.

An estimated 1,817 units were resold in July, higher than the 5-year average for the month.

Tighter safety management measures continued to restrict the market, analysts say.

Analysts say fewer viewings during the heightened alert period dragged resale volume down.