TOPIC:TORONTO CMA CONDOMINIUM MARKET REIVEW & OUTLOOK
BREAKFAST 8:00 AM
PROGRAM: 8:30 - 10:00 AM
WHAT'S AHEAD FOR SALES AND COSTS IN 2017?
The condominium apartment market remains a dominant force in the GTA’s housing market with new condo sales on pace for a record year in 2016. What drives the demand for new condominiums in Toronto and surrounding areas? With high-rise supply trending downward, how will prices react? What affect does the rental market and purpose-built rental development have on market forecasts? Is the construction industry capable of delivering these units, and what’s happening to costs?
Please join us as Pauline Lierman from Urbanation and Stuart Wilson of Altus Group share their statistics and observations on the state and immediate future of the condominium market in the GTA.