Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

‘A really phenomenal price mistake’: Ron Butler on the looming condo market crisis and the importance of housing as a federal election issue

The post ‘A really phenomenal price mistake’: Ron Butler on the looming condo market crisis and the importance of housing as a federal election issue appeared first on The Hub.

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand.

GTHA Sees Slowest New Condo Sales In Over 30 Years, Construction 'Collapses'

The GTHA posted 533 new condo sales last quarter, representing a 62% year-over-year decline and landing sales at the lowest quarterly total since 1995.

How to Buy a Home in Toronto as a Foreign Investor (2025)

The Foreign Buyer Ban in Canada blocks most non-citizens from buying residential properties in Toronto until 2027. That includes houses, condos, and low-rise buildings within the urban census zones. Younger investors from overseas are often surprised to find they can’t legally buy a Toronto condo unless they meet specific conditions. Who can still buy: ·        Temporary workers with over 183 days left on a valid Canadian work permit ·        In…

“A tale of two markets”:  Affordable cities heat up, expensive metros stall

Market dynamics in Canada are shifting—and not uniformly. There is a growing divide between the country’s most and least expensive metros.   Depending on location, Realtors are seeing two very different scenarios play out in 2025. In the Greater Toronto Area and Metro Vancouver, demand is low and prices are seeing a year-over-year decline. In contrast, places like Quebec, the Prairies and Atlantic Canada, are seeing prices moving upwards and an …

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada #News #Canadian #CDN #Canada

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand. As supply continues to pile up in the GTA, some say affordability is still a key problem holding would-be buyers back from placing their offers, despite the fact that borrowing costs have come down over the past year. “Sure, the rates have fallen … but it’s still not night and…