If investors suddenly sold this Toronto Condos investments now estimated to be 10 per cent overvalued, a potential impact of oversupply and lower prices could affect all Toronto Real Estate, homes included.
A lack of Condo data showing the number of foreign investors in the Toronto Condo Market is also having analysts worry about the downsize risk of lower prices if these Condo investors suddenly decide to sell at a loss.
The Toronto-Dominion Bank is worried about the Toronto Condo Markets oversupply and how this could affect the rest of the Toronto Real Estate Market when home prices are forced down.
Iris Li, RE/Max Condos Toronto Realtor, specializes in Toronto Harbourfront Condos For Sale/Rent, both new and resale.
Let us help you find that new luxury Toronto Condominium, or Toronto dream Home.