Real estate sale signage is shown on a street in Oakville, Ont., west of Toronto, on Thursday, Nov.7, 2024. THE CANADIAN PRESS/Richard Buchan
Due to a glut of inventory, Toronto’s condo market appears to be on “a different trajectory,” the report notes. “The wave of new condo units set to hit the market will offer a period of better affordability, but it will be short lived. Fewer project starts today mean a period of ultra-low completions several years from now. The eventual return of real estate investors to this segment will result in increased competition down the road.”
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