Toronto and area condo market rents recorded a major downturn marked by the largest six-month drop in prices in the past 15 years. Read on.

Toronto and area condo market rents recorded a major downturn marked by the largest six-month drop in prices in the past 15 years. Read on.

What a bullshit article. Basically it’s looking at average condo rent prices and average is down slightly because more new cheaper end condos were built.

Yay! More supply!

Drop in the bucket. The article even mentions that this won’t last and prices will bounce back up.

@kent_eh@lemmy.ca
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Don’t let “perfect” stand in the way of “better”.

It says they will bounce back up because supply isn’t keeping up.

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