The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”
  • Lemmyoutofhere@lemmy.caEnglish
    181·
    3 days ago

    Maybe they should build condos people actually want to live in, instead of shoebox “investment” properties.

    • Avid Amoeba@lemmy.ca
      6·
      2 days ago

      Yeah, this is well described by considering the target market is investors and investors have stopped investing due to various factors.