One year after submitting its development permit application to the City of Port Moody in Greater Vancouver, WesgroupProperties is launching sales for its first condo tower, 1 Market Square, at the master-planned Inlet District.
The shadow inventory of condominiums rented out by owners in the Toronto census metropolitan area rose by almost 24,700 units year-over-year, to 207,925 as of October 2024. That means 41 per cent of Toronto condos were on the rental market.
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