Slowdown in housing market predicted

The hot market for condos in Toronto is expected to slow down according to research firm Urbanation.

The hot market for condos in Toronto is expected to slow down according to research firm Urbanation. The firm says that the high numbers of investors in the market are likely to become increasingly cautious about economic stability which will curb growth in the sector. The firm also predicts that developers will cut back on new projects. Meanwhile in Calgary new figures from the local real estate board show a slowdown in sales while listings are soaring. 

 

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