The Greater Toronto condo market has been dominated by investors for years. That’s changing really fast, according to a new analysis from CIBC Economics. Over 4 in 5 investors with a condo apartment rental completed in 2024 are losing money, collecting less rent than they’re paying out. It’s a problem that’s long existed, but may finally be reaching its peak. On the upside, that’s provided significant inventory for end users. As prices fall, they might even be able to afford them one day.
https://betterdwelling.com/over-4-in-5-greater-toronto-leveraged-condo-investors-are-losing-money/
The Greater Toronto condo market has been dominated by investors for years. That’s changing really fast, according to a new analysis from CIBC Economics. Over 4 in 5 investors with a condo apartment rental completed in 2024 are losing money, collecting less rent than they’re paying out. It’s a problem that’s long existed, but may finally be reaching its peak. On the upside, that’s provided significant inventory for end users. As prices fall, they might even be able to afford them one day. https://betterdwelling.com/over-4-in-5-greater-toronto-leveraged-condo-investors-are-losing-money/
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Over 4 In 5 Greater Toronto Leveraged Condo Investors Are Losing Money - Better Dwelling
The Greater Toronto condo market has been dominated by investors for years. That’s changing really fast, according to a new analysis from CIBC Economics. Over 4 in 5 investors with a condo apartment rental completed in 2024 are losing money, collecting less rent than they’re paying out. It’s a problem that’s long existed, but may […]
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