Real Estate News

Construction of rental apartments at the highest level since the 1970s

Photo by Omar Flores on Unsplash

Purpose-built apartment construction hit the highest levels since the 1970s in the last quarter of 2019, suggesting there is some relief in sight for Toronto’s vacancy-challenged tenants. But it won’t materialize until later in the decade, says the president of Urbanation, a market research company that tracks development in the Toronto region.

Continue to read on: The Star

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