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‘A downturn that is really starting to wreck havoc:’ New condo sales in GTHA continue decline as developers cancel more projects

‘A downturn that is really starting to wreck havoc:’ New condo sales in GTHA continue decline as developers cancel more projects

The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”


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