The Toronto Condo Market This Week – December 2, 2016
Foreign condo ownership down in Toronto? Former CMHC analyst disagrees, and here’s why
The rate of foreign ownership in Toronto’s condo market hasn’t dropped this year like Canada’s national housing agency suggests, one of its former senior analysts argues.
Toronto condo builders still can’t keep pace with demand
With Vancouver’s real estate market in retreat, industry pundits are wondering how long the Toronto market’s strength will persevere.
Renting a condo in the downtown core is an increasingly competitive process
Condos are increasingly recognized as a key source of housing in Toronto where they account for about 22 per cent of apartment rentals in a city that has a tight 1.7 per cent vacancy rate, which has been blamed on the lack of new purpose-built rentals.
Toronto Condo Inventory Disappearing Over 60% Faster Than Last Year
Toronto condos logged another solid month of gains, with inventory disappearing more than 60% faster than October 2015.