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6000 Condos in first half of 2012

The number of new concrete condos launched in Metro Vancouver has been strong for the first six months of 2012.

Real estate market firm MPC Intelligence had predicted in April that 7,800 new condos in concrete towers would be introduced to the market for sale in the first six months. That was down from an earlier prediction of 8,000.

However, MPC said Tuesday that by the end of June only 6,000 new concrete condominiums had been launched in the region.

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