Construction of rental apartments at the highest level since the 1970s
Photo by Omar Flores on Unsplash
Purpose-built apartment construction hit the highest levels since the 1970s in the last quarter of 2019, suggesting there is some relief in sight for Toronto’s vacancy-challenged tenants. But it won’t materialize until later in the decade, says the president of Urbanation, a market research company that tracks development in the Toronto region.
Continue to read on: The Star
