Not long ago, in a sad office in North York, the GTA’s construction industry scrawled the latest media release. Year-to-date sales of condos and new homes are at the lowest point in a decade, running more than 30 per cent below average. Two years ago, by this time of year, 34,286 units had sold. So far in 2013? A scary 19,327.
December 16, 2013