Toronto’s unsold condo rate has reached ‘an incredible level’

/ Owner - May 6, 2025

In Canada’s largest housing market, the number of unsold condominiums keeps rising. “It has reached an incredible level,” Ron Butler, principal broker at Butler Mortgage, told BNN Bloomberg in a Monday interview. “We have about one full year’s inventory and that seems to continue up and up and up in terms of listings. There’s really no sign that it’s going to level off or that there’s going to be any reduction in the near term.”   Read the article…………………………….

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