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Property investment

Toronto’s condo market prices are up 21 per cent in the past year, remaining resilient even as the detached housing market cools. Photo: Reuters

Toronto condos buck Canada housing crunch, but prices seen cooling

Canada’s condo boom continues to surprise, with groundbreaking in Toronto still going strong even as prices of detached homes in Canada’s largest city slump, but recent rate hikes and rent controls are likely to cool condo prices by 2018.