Market Report - Canada
Greater Toronto Area Multi-Residential Investment Review (Q1 2021)June 16, 2021
The Greater Toronto Area (GTA) multi-residential market began 2021 on a solid footing following a return to pre-COVID-19 levels of activity in the third and fourth quarters of 2020. The sector has remained resilient despite continued lockdown measures, restrictions on immigration, and challenges across the broader economy. Across the GTA, a total of 2,114 units traded during the first quarter of 2021, down from 2,648 a quarter prior and 2,185 during the first quarter of 2020.