Quote:
Originally Posted by Changing City
The Saretsky Report (July 2020) on condos: "The real concern here is the massive increase in new listings for the month. New listings jumped 36% year-over-year. This was the highest number of new listings for the month of July in recent record."
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OK, my bad. So it looks like condo investors are indeed giving up the downtown condos, but not desperate enough to tank the prices to get rid of them.
If this trend continues, that means the suburbs are doing a way better job than we are. Sad.