Preconstruction condo prices in the Toronto region need to drop by another 5 to 7 per cent to attract retail investors again, a new industry report estimates. Individual investors, who used to account ...
When it comes to housing affordability, Toronto has long been known as one of the most expensive markets for purchasing properties in Ontario. If your budget tops out well below seven figures, ...
Toronto's real estate market is currently oversaturated with condos rapidly declining in price, and houses taking a lot longer to sell. But, in the end, it's still a buyer's market. If you happen to ...
TORONTO — Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand. As supply ...
For first-time condo hunters in the Toronto-area market, this year’s eroded prices and saturated market may feel like a coveted opportunity. The average condo sale price in the Toronto area has ...
Toronto’s glut of condos is being fuelled by sagging sales and people walking away from their purchases, according to Ron Butler, principal broker at Butler Mortgage. “We’re at one year’s inventory — ...