Toronto's Condo Market: Will Prices Drop as Investors Sell?

06/07/2024 7 min Episodio 98
Toronto's Condo Market: Will Prices Drop as Investors Sell?

Listen "Toronto's Condo Market: Will Prices Drop as Investors Sell?"

Episode Synopsis

Welcome to our latest episode of Make Money Count! In this episode, we talk about the current state of Toronto's condo market amidst high interest rates. We break down how these rates are impacting buyers and investors, and why many are reconsidering their positions. We also discuss the surge in condo supply and what it means for prices. Additionally, we explore the strategies banks utilize to manage risks and the potential impact of immigration on the market.