Simcoe saw 1,420 more home sales this year vs last year compared to 937 in Toronto.
The big % difference is because total sales in Simcoe are far lower than in Toronto. 2/
Everyone isn’t leaving the city to move to the country.
While downtown homes are still very competitive, we are seeing a slow down in the condo market (rentals and resales) 3/
One of these of course is the health risks when living in dense buildings, crowded elevators etc 4/
thestar.com/news/gta/2020/…
Once the fears of COVID are behind us recent grads will still prefer downtown living and a vibrant nightlife to living in the sleepy suburbs 6/
One of the main drivers of downtown condos has been the increase in the number of jobs in the downtown core.
And even if the jobs have gone virtual WFH, will a 500 sqft condo be big enough to live and work in? /
theglobeandmail.com/business/artic…