Hildebrand doesn’t think investors will change their behaviour until they see red ink at the end of the month. Even then, he said, it won’t have a dramatic impact on the condo market. “The condo market is so large now that some investors selling from completions isn’t going to be a major event for prices. He says that’s where pre-construction condo investors may not be doing their math. “But I think there’s a lot of mom and pop investors in Toronto and they want the cash flow,” Coyle said.

Source: thestar January 12, 2020 12:07 UTC