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Condo vs Apartment Breaking Down the Differences

05 February 2021
Ela Napiorkowski
Condo vs Apartment  Breaking Down the Differences

Condo vs apartment – both have generated lots of buzz in 2020. Depending on the region, the condo market is enduring a sharp downturn, with sales activity and prices down compared to a year ago. Apartments – and the overall rental market – are currently reporting higher vacancy rates and expired leases, as well as plummeting monthly rents for the first time in more than a decade.