We are starting a new FYI series called Real Estate Market Tidbits. We’ll share valuable real estate market tidbits about the real estate market in order to keep our clients up-to-date on the ever-changing landscape of the real estate market in the Toronto and GTA.
FYI Tidbit #1
For every three condos built, only one detached home is constructed in the GTA.
Source: Derek Burleton, VP & Deputy Chief Economist & Diana Petramala, Economist– TD Bank
What Do You Think:
What do you think this market change will have on the value of new and resale detached homes in Toronto and the GTA?