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Toronto's condo market is decimated, is housing next?
Description
Ron Butler, principal broker at Butler Mortgage, examines Toronto's collapsing condo market and its ripple effects across Canada's housing sector. He explains why new condo construction has ground to a halt, how resale prices are undercutting new developments, and what this means for the building industry and the broader economy. Butler also grades government responses and discusses why development charges remain a critical barrier to reviving new home construction across Canada.
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CREDITS:
Elia Gross - Producer & Editor
Harrison Lowman - Host
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