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The Toronto Condo Market This Week – August 26, 2016

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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.