Quote:
Originally Posted by Tapioca
Some stats from October are trickling out. It looks like the market is continuing to defy logic:
https://twitter.com/SteveSaretsky/st...363817472?s=19
It might still be a good time to pick up a condo for investment purposes. The federal government has doubled down on immigration targets, so people have to live somewhere... |
IMO, the condo market recovers when the pandemic passes and borders officially open up, we see pent-up airbnb demand, and int'l students start coming back to the city. Until then, I project condo prices to face downwards pressure. Otherwise, I agree, it's a good time to start poking around and looking for opportunities from very distressed sellers.