GTHA’s Multi-Family Market Dynamics Unveiled

Sales Decline: Annual multi-family sales in GTHA ↓ 44% in Q3-2023 to 15,971 units.

Shift in Demand: Condo sales ↓ 23%, while townhouse sales ↑ 426%.Project Launches: Eight condo projects open in Q3-2023, with 38% units sold, marking a ↓ 49%.

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