Commercial Real Estate and Development partner Leor Margulies was recently featured in The Globe and Mail article, “How presales helped Canada’s condo market boom, then collapse.” Drawing on his extensive experience representing major builders and financial institutions since the 1980s, Leor provided valuable insight into the complexities of Canada’s real estate market and the cyclical nature of preconstruction sales. He highlighted how market psychology and speculative buying patterns have contributed to both the growth and volatility of the sector, emphasizing the emotional dynamics that drive buyer behaviour. Leor’s commentary underscores his deep understanding of the industry and his continued leadership in navigating the challenges facing developers, lenders, and policymakers across the country.
Click here to read the full article on The Globe And mail
How presales helped Canada’s condo market boom, then collapse - Globe and Mail
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