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GTHA investors bulk-bought new condos at about 40% off

by Nikki M Christopher

GTHA new condo sales doubled YoY in Q3 to 760 (Urbanation). Bulk buyers took 339 units, 45% of sales, at $763 psf, about 40% below original prices. Standing inventory 5,127, down 7% QoQ but up 40% YoY.

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Nikki M Christopher
Nikki M Christopher

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+1(519) 340-9688 | nikki.christopher@exprealty.com

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