The Globe and Mail: Ms. Volk said there is an oversupply of condos in Toronto and Vancouver, and of high-priced luxury rental apartments, but there is still a need for more affordable middle-class housing. She said apartment vacancy rates remain tight on a historic basis.
The CEO added that there is still pent-up demand from middle-class Canadians who would like to buy homes, including new immigrants and young people living with their parents…