Sorry doomsayers, but the GTA real estate market refuses to cool down.
With detached-home prices soaring amid a scarcity of product, comparatively more affordable condos continue to be the region’s most popular housing option.
The Toronto condo world is especially attractive to investors, who are snapping up units and leasing them out to desperate apartment-seekers in a city where vacancy hovers around 1 percent.
“It’s a very robust market,” Baker Real Estate president and CEO Barbara Lawlor tells Epoch Times in an interview at the brokerage’s new Yonge and Lawrence headquarters.
Baker Real Estate president and CEO Barbara Lawlor Courtesy Baker Real Estate Incorporated
