GTA Condo Market Reminiscent of '90s Crash, but a New Report Says It Will Bounce Back Faster

GTA condo market reminiscent of '90s crash, but a new report says it will bounce back faster

Canada's housing agency says the weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe.

CMHC analysis compares current Toronto condo market to crash of the 1990s

As condominium market conditions in the Greater Toronto Area (GTA) deteriorated over the past year, many have compared the situation to the condo market crash of the 1990s. Today's condo market in. . .