Focus Burlington explains the why of the market correction in housing

By Pepper Parr

February 6th, 2026

BURLINGTON, ON

 

The Gazette started the story about the 475 housing units that were taken off the market when the developer realized that the market wasn’t taking up what he had to offer.

Eric Stern expands on what we had to say with his piece in Focus Burlington. See the link below.

 

With the recent cancellation of a 475-unit condo project on Appleby Line, a correction in the condo market may already be happening.

What are some of the reasons behind this market correction?

The transformation of GTHA’s condo market from housing to an investment vehicle for “mom and pop” investors didn’t happen overnight. The roots lie in policy changes, economic shifts, and the emergence of “pre-construction” condos as an asset people invest in.

You can read the complete artilce by clicking HERE

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