Sasha Cucuz’s Land & Development Panel Featured on RENX's Property Biz Canada

admin Commercial, For-Sale Residential, Multifamily Rental, Press, Southern Ontario

Coverage of the “GTA Housing Market: How are builders and developers making sense of the opportunities and risks?” panel at the Land & Development Conference featuring Greybrook Securities Inc.’s CEO, Sasha Cucuz was recently featured on Property Biz Canada. The panel discussion focused on the reason behind soaring prices in the GTA, to which Cucuz blamed on a “supply and demand disequilibrium.”

“The city continues to grow” through immigration and migration and new home development is not keeping pace, Cucuz said. He cited Lake Ontario as a southern barrier to development that makes Toronto act a bit like an island such as Manhattan, a displacement of foreign capital from hot spots such as Vancouver and first-time buyers driven into the market by the belief prices will only continue to spiral higher.

Read the full panel coverage at RENX’s Property Biz Canada.

Read our full Land & Development Conference Roundup here.