Tag: gta housing market downturn
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Toronto Condo Market in “Recession” as Supply Outpaces Demand, BMO Says
Toronto’s condominium market is facing one of its most challenging periods in years, according to a new analysis from BMO Capital Markets. Economists at the bank say the Greater Toronto Area condo sector is effectively in a housing recession, with falling prices, weak sales, and a large pipeline of supply that buyers and investors are…
Canada Housing Market 