What Does the 2018 Real Estate Market Look Like For First-Time Buyers?
Monday Jan 29th, 2018
As many continue to be priced out of the low-rise market, Toronto’s condos have long been the property type of choice for first-time buyers on a budget. But as demand — and prices — continue to climb, that may come to an end in 2018.
“While many end use buyers have been looking to the new condominium apartment sector for more affordable homes, some are now starting to be priced out of this segment as well,” writes Altus Group executive VP of research consulting services Patricia Arsenault, in a recent statement.
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