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?