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High borrowing costs, record condo completions lead to oversupply in Greater Toronto

TORONTO — Greater Toronto Area-real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out. A report by TD economist Rishi Sondhi sai

By: financialpost.com

Sep 11 2024
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TORONTO -- Greater Toronto Area-real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out. Read More

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