Move to suburbs can’t offset condo sales slump

Recent article in the Star, Tony Wong states:

the Greater Golden Horseshoe Growth Plan, which touts higher densification for the 905 region, combined with affordability issues and a greater acceptance of highrise living, have made condos desirable for many suburban buyers.

Is this actually occurring?

Of the cities mentioned in the article. Here are the year to date sales (YTD)

Markham 95 sales
Brampton 85 sales
Pickering - To small to be in its own category - Considered part of other areas which total 233 sales

Mississauga is not really that dense with 323 sales this year (explains why Christopher Hume sees the city as a lost opportunity)

So where is densification occurring

Toronto 3,483 sales or 53% of the market
North York 1,119 sales or 17% of the market
Etobicoke 622 sales or 10% of the market

Thanks to Blackjet Inc the rendering of the Toronto Skyline of the future