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Condo sales in Toronto rise again thanks to people looking for bargain prices
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Condos were the only housing type in Toronto that didn t see major growth in both sales and prices over the course of 2020, a year when Toronto became even less affordable in the face of a global health crisis.
With restrictions on travel and short-term rentals, the city saw fewer tourists, immigrants and international students, which in part caused condo supply to increase and rent and purchase prices to fall pretty drastically.