The condo market in Canada's biggest cities is undergoing a historic crash, with smaller units losing their value faster than ...
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The Condo Crash is Spreading
Meanwhile, condo sizes rapidly contracted to keep overall prices at levels people could afford—the kind of shrinkflation more ...
Condo sales have fallen in Canada's two major markets, according to CMHC. (Credit: Jason Payne) The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end ...
Toronto’s glut of condos is being fuelled by sagging sales and people walking away from their purchases, according to Ron Butler, principal broker at Butler Mortgage. “We’re at one year’s inventory — ...
As widespread pre-construction sales decline, The Condo Store Realty Inc. alleges Gairloch Developments hasn’t made final ...
“In Toronto, where the market weakness is the most pronounced, the months of inventory for pre-construction condominiums in Q1 of 2025 were more than 14 times higher than they were in 2022,” the CMHC ...
The gleaming Shangri-La Toronto is a hotel on the lower levels and residences above. The cream most certainly rises to the top at the Shangri-La Toronto Residences. The lower floors of the artfully ...
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