So far, new condominium construction remains low, compared to both the usual rate of condo construction during past market cycles and the rate of new rental construction now. (nreionline.com)
New condo construction accounts for roughly two - thirds of all housing starts, which is high from a historical perspective. (canadianbusiness.com)
He also noted the increased supply in the market as many condo construction projects are nearing completion in the GTA. (canadianbusiness.com)