The Toronto Condo Market This Week – August 26, 2016
Canada’s housing market headed for ‘modest price correction,’ says big bank — but when?
“We anticipate an eventual modest price correction as we approach 2018,” writes Brian DePratto, a TD economist, in the four-page report.
Why do condo towers in Toronto all look the same?
A new book co-authored by a local design firm takes Toronto’s “repetitive” and “bland” condo architecture to task.
Toronto’s condo inventory at a decade low as buyers priced out of ground-level housing eye high-rise units
Urbanation Inc., a research company that has been studying the condo market since 1981, says unsold inventory is now at its lowest since 2010 and, with only 6.8 months of supply available, at a decade-low for inventory.
High-rise living increasingly part of GTA’s high-priced housing
The average price of a new ground-level, Toronto area home surpassed $900,000 in July.
