A new report from CIBC and Urbanation released on Thursday reveals that the majority of condo investors in the GTA are losing money every month as the market faces the most "significant test" since ...
With high costs, high interest rates and poor investment prospects, Toronto-area condo pre-sales are below 50 per cent, a more than 20-year low, say the report's authors. (Richard Lautens/Toronto Star ...
Toronto’s housing market offered a rare moment of relief for renters, as average rents dropped for the first time in three years. According to Urbanation Inc., a real estate consulting and market ...
“The condo market is basically in a recession,” said Benjamin Tal, deputy chief economist with Canadian Imperial Bank of Commerce. “You cannot go through this kind of shock without a change to the ...
A record volume of condominium units is being added to Toronto’s housing supply, which is helping to drive down rental rates. Just don’t expect the trend to last. Over the first nine months of this ...
A new report says condo rents in Canada’s mostly densely populated region have dipped for the first time in three years. The report from Urbanation Inc. says average condo rents on new leases in the ...
Condo sales have fallen in Canada's two major markets, according to CMHC. (Credit: Jason Payne) The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end ...
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