Recent market data paints a troubling picture for Toronto’s housing market, as both condo and home prices continue to fall under mounting economic strain. In fact, I have even noticed a significant drop in rental rates. Latest data shows that over 80% of condo listings in Toronto sold below asking and home prices sliding steadilyContinue reading “new data reveals sharp decline in Toronto condo and housing market amid economic pressures”
Tag Archives: real estate downturn
Toronto pre-construction condo market plummets, leaving buyers in limbo
Latest statistics are pointing to the once-thriving pre-construction condo market in Toronto and the GTA (Greater Toronto Area) having hit a historic law, sending shockwaves through the real estate industry and leaving many buyers in a precarious position. What I am seeing in my every-day practice is that this downturn has created a perfect stormContinue reading “Toronto pre-construction condo market plummets, leaving buyers in limbo”
SP Singh Ahluwalia 