Global Real Estate Intelligence
UrbanationReport

Slowest Condo Market in Over 30 Years Causing Construction to Collapse

New condominium apartment sales in the Greater Toronto and Hamilton Area fell 60 percent in 2025 to just 1,599 units, the lowest annual total since 1991. A record 28 active condo projects totalling 7,243 units were cancelled during the year.

MultifamilyTorontoOntario
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