Tag: condo sales
-
Toronto’s Condo Slump Could Last Years As Thousands Of Units Flood The Market

Toronto’s condo market may face a prolonged slowdown as thousands of newly completed and under-construction units continue entering a market already struggling with weak demand. Industry experts speaking during a recent Urban Land Institute (ULI) Toronto webinar said the Greater Toronto and Hamilton Area (GTHA) condo market remains under significant pressure from elevated inventory levels,…
-
Investors Account for 25% of B.C. Homebuyers: A New StatsCan Analysis

Real estate investors made up approximately one-quarter of homebuyers in British Columbia between 2018 and 2020, according to a newly released analysis by Statistics Canada. This data highlights the significant role investors play in B.C.’s real estate market, particularly in major metropolitan areas like Vancouver, Kelowna, and Victoria. Key Insights from the Statistics Canada Report…