#toronto-condo-market

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#real-estate-prices #interest-rates #first-time-home-buying #buyer-seller-market-shift #housing-shortage
Canada news
fromwww.cbc.ca
3 days ago

Has Toronto's condo market hit its bottom? | CBC News

Toronto condo sales are rising while prices keep falling, shifting negotiations toward buyers and enabling first-time purchases with lower rates and incentives.
fromwww.cbc.ca
2 months ago

For the first time in years, you can get a condo in Toronto for less than $400K. So what's the downside? | CBC News

[He] has been renting for the last eight years, just saving his money, Milonas told CBC Toronto. We had a chat pre-Christmas and he was like, What do you think? Is this the right time for me?' TRREB says lower condo prices could lead to another housing shortage if the current inventory is bought up quickly. (Cole Burston/Canadian Press) Milonas has now had that question from a handful of renters, and based on the current market, he's told most of them to go for it.
Real estate
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