As Toronto’s condo market faces headwinds, a surprising trend is emerging: investment funds are strategically acquiring pre-construction condo assignments. With new condo sales plummeting and prices declining from their 2022 peak, these firms are betting on a future market rebound. According to Altus Group data, new condo prices in the GTA have fallen from $1.18 million in February 2022 to $1.02 million by December 2025, while resale condos have also seen a significant drop. Despite this, investment groups see an opportunity to capitalize on discounted assignments, anticipating a turnaround by 2030 or 2031. To delve deeper into this emerging trend and understand the strategies behind these bulk purchases, read the full article on TheStar.com.
Source: Read the original article
