Property Hound

Condominium Market Resurges in the GTA

Tuesday Feb 8th, 2022


One year ago, the condominium market cooled as many first-time buyers waited to pull the trigger on purchasing due to economic certainty. The Toronto condo market was impacted the most out of any city in Canada, with the number of listings surging, prices falling and an oversupply of vacant units leading to falling rents. However, not only is the Toronto condo market rebounding now, it is anticipated to surpass the price gains of detached homes in Toronto. The Toronto Regional Real Estate... [read more]