Mark Cohen has a succinct way of summing up the current state of Toronto’s irrepressible real estate market.
“We’re in the 20th year of a seven-year cycle,” the managing partner of The Condo Store tells Epoch Times in an interview at the brokerage’s Liberty Village headquarters. Because of that, he says, there’s a lot of worry. “Is there a bubble, is it going to burst… a mature market scares a lot of people.”
Such fears are unfounded, Cohen insists, noting that the GTA’s fundamentals—low interest rates, steady immigration, red-hot rental market—show no signs of changing. “I don’t see any clouds on the horizon.”
The Condo Store Realty Inc., managing partner Mark Cohen. The Condo Store Realty Inc.
