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Saturday, January 24, 2015

What bubble? Renters underpin Toronto, Vancouver condo markets

The country’s government-backed home loan insurer released fresh figures on Tuesday that show the construction boom in new condominiums in Toronto, and to a lesser extent Vancouver, isn’t the product of international buyers looking to park cash in Canada in the form of real estate.
http://globalnews.ca/news/1730114/what-bubble-renters-underpin-toronto-vancouver-condo-markets/


Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of TOURISM NEW WESTMINSTER

Photo courtesy of CITY OF SURREY