According to recent data from CMHC via the Globe and Mail, here's (at least part of) the housing situation in Vancouver and Toronto:Metro Vancouver has 4,919 newly built unsold homes on the market (including houses, duplexes, row houses, and condominiums). Of this total, 3,195 are unsold condominiums. All of these figures exclude homes that were sold but where the buyers failed to close.Across Metro Vancouver, 37% of the unsold condominium inven…
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