#toronto-housing-market

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#condo-rentals #real-estate-investment #private-equity #housing-supply #home-sales-decline #price-softening
Real estate
fromwww.cbc.ca
18 hours ago

Real-estate firm plans to buy $500M worth of downtown Toronto condo stock | CBC News

A private equity firm plans to buy unsold Toronto condos, rent them, then resell them to stabilize housing supply and pricing.
fromwww.cbc.ca
3 months ago

GTA home sales, prices slide in January with more weakness ahead: TRREB | CBC News

Toronto's real estate association says it expects home price and sales weakness to persist for at least the first half of the year. The outlook came as the Toronto Regional Real Estate Board (TRREB) says home sales for January fell 19.3 per cent from a year earlier, while the average selling price dropped 6.5 per cent. Active listings rose 8.1 per cent. The board says home sales totalled 3,082 in January, while the average selling price was $973,289. There were 17,975 active listings.
Real estate
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