Spring 2015 edition of CMHC's Housing Market Outlook -
Greater Toronto Area is now available and can be accessed by clicking on the
link below.
Here are the highlights for the current edition:
•Condominium apartment starts will dominate construction
in 2015 and 2016 •Low mortgage rates and increasing consumer confidence will
boost existing home sales in 2015 before edging lower in 2016 •Rising supply of
condominium apartments for rent will exert some upward pressure on the average
vacancy rate •Lower oil prices will help to boost employment
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