#condominium-market

[ follow ]
fromwww.cbc.ca
1 week ago

GTA condo market reminiscent of '90s crash, but a new report says it will bounce back faster | CBC News

Canada's housing agency says the weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe. Canada Mortgage and Housing Corporation says in the new report that a more diverse and stable economy, stricter lending rules, and an underlying shortage of homes in the Greater Toronto Area will all help soften the effects of the market pullback.
Canada news
#real-estate
fromMiami Herald
4 months ago
Miami

Miami-Dade's sagging condo market could be 'next great crisis' as values drop

Miami-Dade condominiums are experiencing a slight decline in value as other property types see growth, marking a potential crisis in this sector.
fromMiami Herald
5 months ago
Miami food

What's going on with South Florida condos? See the latest on sales and prices

South Florida condo sales saw a 104% price increase in a decade but are currently declining due to financing and inventory issues.
fromNew York Post
5 months ago

Why Florida condo owners are scrambling to sell - and why it's overwhelming the market

"Within two years, a hurricane doubled their insurance costs, and a $7,200 special assessment for building upgrades hit, partially offset by $2,000 from insurance."
NYC real estate
[ Load more ]