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Phenomenal August Sales&Lease numbers in GTA!
If you’ve been living on the moon for the past 6 months, you have missed out on what has really been an amazing Q2-3 in the housing market in the GTA! The pandemic has created a sort of over-supply of rental units in the downtown core with some listings sitting for months! However, investors are missing the point that in the next 2 years there will be a shortage of rental supply of 20,000 units per year or 200,000 over 10 years! why? (watch this video)