Toronto’s condo market is now a little easier to enter. Here's what you need to know about the current market.
For years, many Torontonians felt condo ownership was out of reach as prices climbed and bidding wars dashed hopes. Now, with prices falling sharply from their pandemic-era peak, some renters are starting to take a second look.
“We have lots of people that were decade-long renters that we’ve helped buy their first condo this year because now they can afford it,” says Tom Storey, a sales representative at Royal LePage.
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Posthaste: It's like the pandemic housing boom never happened in these Canadian markets
Carney defends condo-buying plan panned by critics as bailout
Posthaste: Is now the right time to buy a home? Canadians are divided
Condo fees are out of control. Here's how buyers can keep them in check
ANALYSIS | Mark Carney's plan to bulk-buy unsold Vancouver condos might be a bailout, but it doesn't have to be | CBC News
Condo sales picked up in April, as lower prices and borrowing costs helped buyers jump into the market. After years of sky-high…
Toronto home sales tightened in May compared to a year ago as buyers benefited from lower prices and borrowing costs. Find out…
New CMHC data show housing starts soaring in London while Toronto’s condo market struggles, widening Ontario’s housing divide.
Plus in another 44 bigger cities, condo prices dropped by 7% to 14% so far, as the mindboggling Condo Bubble comes unglued.
Falling condo prices may look like a deal, but rising condo fees and insurance can shrink the savings.
Four years in, owners, investors and developers have lost fortunes in what may be one of the longest condo corrections on record.…
