COVID-19: UrbanToronto Updates from the Industry for December 14, 2020

The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts to what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working remotely. As a means to keep the public in the loop about the shutdowns, we’ll be sharing information and status updates from around the industry on a regular basis. 

In today’s report: Ontario Begins Rollout of COVID-19 Vaccine; City of Toronto continues to support COVID-19 testing at its facilities throughout the city, Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases, and more news from the COVID-19 front.