Fewer than 20 per cent of new single-family homes priced under $750,000 There is little relief so far this year for first-time buyers in the Toronto region looking to purchase a new construction home. The overall limited supply of newly built and pre-construction homes is particularly severe in the single-family category — detached, semi-detached and townhouses — priced for first-time buyers, according to the home building industry. That shortage is continuing to send first-time buyers into the condo market where the benchmark price of a condo rose 39.5 per cent year over year in February, compared to a 12.8 per…

Apr 03, 2018 / by admin / No Comments