If the small number of zoning-approved, high-density residential land sales in the third quarter are any indication, condominium developers are in no rush to launch new projects in the Greater Toronto Area (GTA).
Graywood Developments will launch sales for Centricity, its 53-storey, 594-unit condominium development next to Toronto Metropolitan University, early in 2023. It's a sign of the company's belief in the project and the resilience of the Toronto housing market.
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