The many reasons to choose new over resale

Aesthetically speaking, our new homes and condos today come with incredible standard features, many of which used to be considered upgrades

I have often written about the many benefits of buying a new construction house or condominium over a resale one.

And now there is another interesting way to look at your decision. In late June, Missing Middle Initiative, which addresses the challenges facing young urban Canadians looking to join the middle class, published a report entitled “Boosting Demand for New Homes is Supply-Side Policy” (http://bit.ly/4nMwAVl). This report is fascinating, as it shines a different light on supply and demand.

On one hand, we need enough supply to handle demand – but remember that there is no new supply without demand. In other words, we here in Canada need pol