More trouble in condo land.

Condos emerged as the surprising glimmer in a gloomy Toronto-area housing market in December, as the quietest year in ...

A condominium development that was primed to replace Toronto adult entertainment establishment Filmores has been scrapped.

Investors pulled back on the market due to higher interest rates, sliding prices, and a mounting inventory of unsold units.

Toronto was already simmering before the advent of the pandemic, but the past two years have sent prices soaring amid feverish home buying in the Canadian city. Prices across the greater Toronto area ...

By late 2024, Toronto’s glut of condos had created a buyer’s market, so Anna and Ethan set a budget of $750,000 and began ...

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 — ...

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 ...

It’s no secret — Toronto condo sales continue to tumble, plunging more than 30 per cent over the past year, adding further strain for those who bought at market peaks or hoped rental income would ...