Anyone working in the real estate industry, especially pre-construction houses and condominiums, understands this is a cyclical business. Savvy real estate professionals have faith the market will eventually come back, and pass on that optimism to clients and potential clients.
Canada's population growth is slowing but still far outpaces housing completions, which remains a big challenge for governments, developers and people looking for a place to live. New Zonda Urban data presented at a Toronto event exposes the gap.
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