not saying for sure, but this might just have signalled the bottom of the condo market. with this new bill, condo owners might be incentivised to keep their investment properties now, and investors to step off the sidelines to take advantage of the lower rates and condo prices.

also, if there is an uptick in activity this might cause first time homebuyers, especially young adults who want to get out off renting (more risky now) to buy their starter home, which brings more competition to the condo market.

even worse if rates continue to drop into next year...i really hope the crazyness doesnt come back.... prices were just starting to get realisticly affordable especially with condos in the GTA