Rental Condos New Bidding-War Battleground

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TORONTO CONDO BUBBLE RBC
With the vacancy rate now hovering around 1.4 per cent — down from 3.5 per cent in 2009 — demand for glass-and-granite condos has become incredibly intense in central Toronto, where the condo boom has created the illusion of lots of supply, though there’s not yet enough to keep up with rental demand. (Canadian Press photo) | CP

With the vacancy rate now hovering around 1.4 per cent — down from 3.5 per cent in 2009 — demand for glass-and-granite condos has become incredibly intense in central Toronto, where the condo boom has created the illusion of lots of supply, though there’s not yet enough to keep up with rental demand.

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