Demand Still There
Print This Page
It’s not that the demand isn’t there, it’s that new buildings are not being brought to market. Between City Council, the planning department, and the former Premier a concerted effort was made to shut down residential real estate development in Toronto. They were incredibly successful and thorough in their complete crushing of the industry. Get ready for a massive drop in available condos as a result. Very few residential cranes in Toronto in five years.
GTA new condo sales dropped 56% in Q2: Urbanation | Livabl
Related Articles