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Condo inventory growing as sellers anticipate demand rebound: Re/Max report

  • A new Re/Max Canada report shows condo inventory is rising in major Canadian markets as sellers list properties, anticipating increased buyer demand.
  • The Fraser Valley had the highest year-over-year inventory growth at 58.7%, followed by the Greater Toronto Area at 52.8% and Calgary at 52.4%.
  • Re/Max Canada president Christopher Alexander predicts "pent-up demand is expected to fuel stronger market activity" by spring next year.
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