Ten thousand condos to be delayed this year amid market shift: Urbanation

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It says new condo sales in the GTA totalled 6,792 units in Q2, down 19 per cent from Q1 and 24 per cent year-over-year

Genervt von Mücken? Dieser neue Insekten-Vernichter löst endlich das Problem der Mücken -- Global financial markets whipsawed as risk sentiment remained fragile, with US House Speaker Nancy Pelosi’s Taiwan trip adding to the list of investor worries ranging from a restrictive Federal Reserve policy to the specter of an economic recession.

Russia's invasion of Ukraine has triggered the most serious crisis in relations between Russia and the West since the 1962 Cuban Missile Crisis, when many people feared the world was on the brink of nuclear war. Russia's defence ministry, headed by a close ally of President Vladimir Putin, said Vadym Skibitsky, Ukraine's deputy head of military intelligence, had admitted to the Telegraph newspaper that Washington coordinates HIMARS missile strikes.

 

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Ten thousand condos to be delayed this year amid market shift: UrbanationUrbanation Inc. expects almost 10,000 Greater Toronto Area condo units to be delayed this year as increasing mortgage rates weigh on home sales.
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Developers expected to delay 10,000 units as slowdown hits condo presalesSigns of the broader real estate slowdown has spread to the preconstruction market That will only make the housing market worse.
Source: globeandmail - 🏆 5. / 92 Read more »