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Neil Sharma

Business Writer

More about the author

Neil Sharma

Business Writer

Neil is a Montreal-born, Toronto-based, journalist who has covered housing and real estate for over a decade. Before his most recent stint at STOREYS as a senior reporter, he was a regular contributor for the Toronto Star, Toronto Sun, National Post, Vice, Canadian Real Estate Wealth, where he also served as editor-in-chief, and several other publications.

Insolvency woes in Toronto's condo sector are likely to continue

Neil Sharma Residential Condominiums Toronto / GTA Nov. 25 2024

The Greater Toronto Area condominium market is languishing despite interest rate cuts and initiatives by some municipalities to hasten approvals and lower development costs. This means a recent spate of insolvencies in the condo sector is likely to continue.

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