Shortgage of House Listings Could Help Condo Sales

The shortage of single-family homes for sale across Toronto is likely to buoy the resale condo market this year as first-time buyers look for an affordable alternative to a place with a picket fence, says a new report from Scotiabank.

It appears to be the lack of listings — and not lack of demand — that’s holding back home sales but pushing up prices in Toronto.

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Randy Ramadhin

Randy Ramadhin

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CENTURY 21 People's Choice Realty Inc., Brokerage*
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