September 11, 2018

Toronto has rebounded

Posted By: MortgageOutlet.ca

 

 

“The condo market is still on fire—it never slowed down,” said Mortgage Outlet’s Principal Broker Shawn Stillman. “Even month-over-month, the price per square foot is hitting new highs, and they’ve always been strong. Where the weakness is, however, is in the 905 area. People who bought preconstruction within the last year are being hit hard because of the glut of inventory in the 905.”

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