Canada’s housing agency says the weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe.
Greater Toronto condo downturn not likely to be as severe as early ’90s: CMHC

Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our Privacy Policy.
Related posts
View All
Canadian rents fall for twelfth straight month
Rents hit two-year lows as supply outpaces demand, but experts warn the trend may not last
Read More
How bad will Toronto’s condo crisis get?
‘I think it’s going to take a while for this to sort itself out’
Read More
Canadian dollar falls as trade war intensifies
Investors pull back amid escalating US-Canada trade dispute
Read More