This should not be a surprise !

Once again, the warning bell has been sounded on Toronto’s condo market – this time by the Bank of Canada

“If the upcoming supply of units is not absorbed by demand as they are completed over the next 12 to 30 months, the supply-demand discrepancy would become more apparent, increasing the risk of an abrupt correction in prices and residential construction activity,” states the report.

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Arnie Lindquist

Arnie Lindquist

Sales Representative
CENTURY 21 First Canadian Corp., Brokerage*
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