Toronto Condo Market Expected To Recover In 2021
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As 2020 quickly comes to a close, there is much to be hopeful for as we enter into a new year. This is no different for Toronto’s real estate market, as it has had its fair share of trials and tribulations since the beginning of the pandemic.
Investors are gearing up for an expected recovery of Toronto’s condo market, as things start to take a turn for the better with the highly anticipated vaccine within arms reach. Simon S. Mass, CEO of The Condo Store Group of Companies (TCS), explains that market downturns have been ideal times to invest in real estate. “When you see how we have handled ourselves during a global pandemic, we have so much to be thankful for and proud of. Pre-construction condominium investing in Toronto will reap the rewards for savvy investors for many decades to come,” he states.
Despite the current circumstance, Toronto continues to be one of the most desirable markets in the world.
Learn more about why the promises of a vaccine are keeping investors hopeful.
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