59
Canada’s Conservatives still aren’t serious about housing
(www.nationalobserver.com)
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this post was submitted on 12 Jun 2025
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In the greater Toronto area. So many vacant condo units. Pre-construction buildings not having enough sold units to meet threshold and thus not being built. Builders being forced to reduce pricing or offer up better incentives to buyers.
But who has $20,000 sitting around to make a down payment on a 1 Million dollar townhome? Wages need to go up. That starts with our employers.
Do you have a source for that? I'm having trouble finding anything.