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25 May 2016

This year began as a buyer's market for the Toronto Condo and since it is believed to be a vulnerable market, it has been watched closely. A recently available report stated that the Toronto Condo market is on solid grounds with over 36,000 condominiums currently under construction. 20 edwardst condos Toronto

Condo Market on the Rise

The likelihood of oversupply of condominiums on the market are extremely less, as how many condos being built in the past few months was less than usual. The sales of new condominiums shot up sharply in March which brought back a cure for the Toronto Condo market. 6 cities were analyzed on the mix of the three metrics: unsold inventory, apartment rental vacancy and cost of renting over ownership. Toronto,...