Posted on Jun 19, 2020 in Market Report
THE REAL ESTATE MARKET ACCORDING TO COVID-19:
1. The GTA market has been driven over the past 15 years by in-migration (from other parts of Canada and from non-residents) at a rate of 100,000 people per year. This has required about 40,000 new housing units each year. We have always delivered under 40,000 units a year and this shortfall has create...