welcome
CityNews

CityNews

Business

Business & Economics

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

CityNews
Summary
Nutrition label

78% Informative

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada .

Experts say affordability is still a key problem holding would-be buyers back from placing offers.

Montreal condo sales were up more than 15 per cent in March and nearly 17 per cent higher for the first quarter .

The ratio of condo sales to active listings in the GTA is around 60 per cent below the long-term average.

TD economist Rishi Sondhi said condo construction is holding up better in Vancouver .

Buyers in Vancouver have choice and are taking their time to shop around, says broker Randy Ryalls .

VR Score

82

Informative language

81

Neutral language

77

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.