Ontario

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Condo sales in Toronto, Hamilton fall to 35-year low in third quarter (www.theglobeandmail.com)

submitted 2 months ago by MakingWork@lemmy.ca to c/ontario@lemmy.ca

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Only 319 new condo units were sold in the third quarter, down 54 per cent from a year ago and the lowest quarterly total since 1990 when Toronto’s condo market faced a severe crash, according to a quarterly condo report by the real estate research firm Urbanation.

Lemmings, what are your opinions on the housing market?

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[–] jade52@lemmy.ca 5 points 2 months ago

Goooood. Crash and burn.