Despite the high price tag for some homes in Toronto and the greater Toronto Area, first time buyers are still taking the leap into home ownership.  The high foreclosure rate in the United States still hasn’t deterred many in Canada.  However, with the increasing costs of homes, these owners may have to change their preferences.  For some, this means moving outside of Toronto, like Scarborough and moving in to a condominium instead of a semi or detached home.

Look for more information on Scarborough real estate at The Toronto Sun