Vacancy rates
I don't believe current vacancy rates account for condos in construction, in pre-construction, or even those just launched on the market. And there are A LOT of condos in these three stages at the moment. I am just curious to see how vacancy rates will be affected in the coming...
There are a couple concerns I have with the rate at which condos are going up in this city. One, I question the current state and the future of condo resale values. With so many new and 'better' units available on the market, why would anyone look at older ones, let alone pay more for them? For...