Jessi Sandhu - Your Brampton Real Estate Agent
Toronto Condo Oversupply News and Articles | My Blog

New Toronto condo sales near pre-pandemic levels

5/4/2021 | Posted in Toronto Real Estate by Jessi Sandhu

new-condos--new-highrise-condos-136.jpg - Real Estate News Toronto’s downtown condominium segment is staging a comeback with sales nearing pre-pandemic levels. ... More


Toronto's condo market springs to life with 80% jump in sales

4/23/2021 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-panorama-446.jpg - Real Estate News Toronto’s condo market, battered by a pandemic that sent city residents looking for more space, is bouncing back. ... More


Toronto accounts for one-third of Canada's $150 million in rental property arrears

1/29/2021 | Posted in Rental Market by Jessi Sandhu

condo-market-46.jpg - Real Estate News Nearly 11 per cent of Toronto-area rental households — 34,857 — were in arrears last fall, the highest rate among 17 Canadian urban areas surveyed in October by Canada ... More


Burning Questions: Have we reached peak condo?

12/31/2020 | Posted in Condo Market by Jessi Sandhu

condos-highrises-101.jpg - Real Estate News No sector has been hit as hard as condos in this pandemic, and while experts say the market will recover, it will be different ... More


Toronto condo inventory growth surpasses all other Canadian markets

11/3/2020 | Posted in Condo Market by Jessi Sandhu

condos-cn-tower-20.jpg - Real Estate News Toronto has far outstripped all other major Canadian markets in terms of condo supply growth, according to RBC Economics. ... More


Condo listings surge 215% in signal of downtown Toronto weakness

10/7/2020 | Posted in Condo Market by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News Toronto’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings. ... More


Toronto condo sales down 50 per cent from last year, but prices are up: TRREB

8/2/2020 | Posted in Toronto Real Estate by Jessi Sandhu

middle-age-couple-visiting-house-263.jpg - Real Estate News The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by since last year, but the average selling price is up. ... More


Toronto condo sales fall to lowest level since 2009

7/29/2020 | Posted in Toronto Real Estate by Jessi Sandhu

condo-market-46.jpg - Real Estate News Toronto’s condominium market showed significant slowdown in the second quarter, with sales dropping to their lowest levels since 2009, according to the Q2-2020 Condominium ... More


High-Flying Toronto Condo Market May Be About to Hit Turbulence

6/29/2018 | Posted in Toronto Real Estate by Jessi Sandhu

downtown-toronto-from-cn-tower-255.jpg - Real Estate News The chill that has crept over some segments of the Toronto housing market may soon extend to one of its persistent hot spots: condominiums. ... More


GTA condo market is undersupplied: CIBC

3/17/2017 | Posted in GTA Real Estate by Jessi Sandhu

condo-market-46.jpg - Real Estate News The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal. ... More


Thought this market was done? Think again

5/9/2016 | Posted in GTA Real Estate by Jessi Sandhu

condos-cn-tower-20.jpg - Real Estate News Investors may have written off this busy housing market, but new data suggests those who put their money in it will likely earn major profits.
... More


Toronto House Prices At Risk Of 'Severe' Correction, OECD Says, But CIBC Begs To Differ

11/13/2015 | Posted in Real Estate Market by Jessi Sandhu

toronto-skyline-at-night-28.jpg - Real Estate News Canadian housing is overheating and Toronto's housing market is especially at elevated risk of a "severe correction" due to an oversupply of condos, the OECD says. ... More


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