๐Sales of new and presale condos in the Greater Toronto and Hamilton Area (GTHA) have dropped significantly, with a 66% year-over-year decline in the second quarter, according to real estate data firm Urbanation. Despite the record high supply of 25,893 units, prices have only decreased slightly, by about 2.6% to $1,361 per square foot. This reflects high development and financing costs, as well as land prices at market peak. Only 17% of the 3,265 presale units were sold, marking the lowest second-quarter uptake in 25 years, highlighting a dramatic market slowdown.โ . ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐๐ฆ ๐ก๐จ๐ฆ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐๐ง๐ ๐๐๐ซ๐ ๐ก๐๐ฌ๐, ๐๐ง๐ญ๐๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐๐ ๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ. ๐๐๐ฅ๐ฅ: +๐ (๐๐๐) ๐๐๐-๐๐๐๐ @neena.robin . . #ListeriosisOutbreak #PlantBasedMilk #FoodRecall #CanadaHealth #PublicHealthWarning #StaySafe #ListeriaAlert #mnm #malayalisnearmeapp #canadaupdate #canadanews
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