1.   Another barometer of consumer demand is condominium sales.

2.   Any cyclical slowdown in condominium sales will be offset by moderate income housing and rental income, he said.

3.   Condominium sales have increased for five of the first six months of the year on an annual basis.

4.   Condominium sales were mixed in both the San Fernando and Santa Clarita valleys last month.

5.   Condominium sales, however, are officially recorded.

6.   Elsewhere, individual investors raised their bids on property shares such as Mitsui Fudosan amid optimism condominium sales will grow, traders said.

7.   Fierce competition for single-family homes in Santa Clarita is credited with fueling condominium sales.

8.   Initially, rental lofts fared better than condominium sales.

9.   Meanwhile, condominium sales and prices headed in opposite directions.

10.   New home starts have fallen every month this year, while condominium sales have only just started improving after a one year slide.