Real Estate News

Condos on the outskirts of Toronto most desirable among Incentive users

Image by ElasticComputeFarm from Pixabay

Condo units situated outside Toronto’s core will likely see more activity in the near-future due to the federal First-Time Home Buyer Incentive, according to the latest analysis by real estate information portal Zoocasa.

This is in keeping with a trend several years in the making, with sustained demand for more living space driving up the popularity of housing markets in city outskirts and beyond.

Approximately three-quarters of the Canadian population were living in suburban communities as of 2016, according to a Queen’s University census analysis.

Continue to read on: Mortgage Broker News

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