‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
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‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
CP24 (www.cp24.com)
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This post did not contain any content.
‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
CP24 (www.cp24.com)
Maybe they should build condos people actually want to live in, instead of shoebox “investment” properties.
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This post did not contain any content.
‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
CP24 (www.cp24.com)
Make the condos the size they were 30 years ago so families can live there healthily and see what happens.
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This post did not contain any content.
‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
CP24 (www.cp24.com)
Will this finally bring prices down in the Greater Torhonto Area?
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Make the condos the size they were 30 years ago so families can live there healthily and see what happens.
And use actual walls instead of glass facades with kilometers of aging gaskets in the seams.
I can’t afford a house. I need a decent sized 3-bedroom that I can stay for a very long time. This basically means I can’t use almost anything built after the early 90s. And anything glass-and-gasket means significant jumps in maintenance over the long run.
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Maybe they should build condos people actually want to live in, instead of shoebox “investment” properties.
Yeah, this is well described by considering the target market is investors and investors have stopped investing due to various factors.
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This post did not contain any content.
‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
CP24 (www.cp24.com)
So it wasn’t a supply issue after all? Weird. It ended up being about selling them as a commodity for investment, just like everyone’s been saying?! Who’d have thunk it.
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This post did not contain any content.
‘A downturn that is really starting to wreak havoc:’ New condo sales in GTHA continue decline as developers cancel more projects
The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
CP24 (www.cp24.com)
The only place in Canada that gets housing right is British Columbia.
After decades of failure, the newly elected government of David Eby actually started to fix the problem.
In the long term, it will pay off. Ontario is still asleep.
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The only place in Canada that gets housing right is British Columbia.
After decades of failure, the newly elected government of David Eby actually started to fix the problem.
In the long term, it will pay off. Ontario is still asleep.
How has this impacted the type of development, and price of housing in BC so far?
