Original article via Better Dwelling.
Toronto real estate is about to be hit with a flood of supply, while prices are in a precarious situation. A massive number of pre-construction condos go on sale over the next two months. The increase in supply won’t provide immediate relief to perceived housing pressure. It does however have the potential to soften future condo prices. Let’s see how big the number of pre-construction units for sale is, in contrast to demand.
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