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Comment by jfil

These 5%-13% condo vacancy rates in Toronto in 2019 were happening against a backdrop of rental vacancies of 1.1% (for new rentals) and 0.8% (for all rentals in the Greater Toronto Area)[1]. That's what made that +5% of available condo stock vacant and unrented such a shocker.

[1] https://www.urbanation.ca/news/311-city-toronto-vacancy-rate...

parent jfil 3 years ago

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