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New construction condo market to slow?

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Real Estate Professional | 06 Mar 2015, 10:38 AM Agree 0
The latest building permits report from Statistics Canada found a 21 per cent decline in permit values for multi-family construction projects, which fell to $1.5 billion in January – its lowest point since March 2013.
  • Jackie Laurin | 06 Mar 2015, 12:01 PM Agree 0
    In Ottawa, what would we expect differently no surprise to us. Too many high rises for the smaller population, give it another 4-5 years then with the boomers will be looking for the condo market. Oversaturated as is... or re-adjust their pricing to a smaller centre this is not Toronto or Calgary.
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