Condo Market

• Investors flee Toronto condos as market shifts to 1st-time homebuyers: report

  Toronto’s cooling condo market is pushing out investors and opening the door for first-time buyers as prices drop and power shifts to buyers.

  Economy

  Oct 23
  
• GTHA condo market falls to 35-year low, report shows

  Only 319 units were sold in July, August and September, down 54 per cent compared with the same period last year and 92 per cent below the 10-year average for this time of year.

  Canada

  Oct 17
  
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• The condo market is struggling. Are they still a good retirement plan?

  Condos were once considered a safe investment for people planning their retirement, but Canadians are increasingly wary of investing in condos.

  Canada

  Sep 1
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• Canada’s weak condo market leaves potential house buyers ‘kind of stuck’

  Canada's weak condo market has those looking to leave condo life behind and upgrade to a house in a tough spot: sell now at a lower than anticipated value, or wait out the storm.

  Canada

  Jul 10
• About 30% of Canadians now say condos have lost investment appeal: survey

  A new survey from Rates.ca shows 30 per cent of Canadians no longer think a condo is a good investment, but about a third of those 18 to 35 still see it as a good choice.

  Canada

  Apr 22
• Fall housing market could be ripe for 1st-time buyers. Here’s why

  Falling interest rates are setting the stage for a stronger autumn real estate market, experts say. But some also caution that prices may still decline in certain segements.

  Money

  Sep 7, 2024
• Wave of mortgage renewals drives owners to list homes, analysts say

  Rising inventories with anemic sales show a high degree of stress in Canada's biggest property market, real estate consultants said.

  Money

  Jul 17, 2024
• Navigating Toronto’s condo market this spring? Here’s what to expect

  Sales are starting to blossom, new listings are flourishing, viewings are sprouting: you could say that Toronto's condo market is finally in bloom.

  Canada

  Mar 13, 2024
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• Toronto-area new condo sales remain near 20-year low: new report

  Rising interest rates and market uncertainty continued to impact the Greater Toronto Area new condo market in Q3-2023, according to a report from Urbanation.

  Canada

  Nov 1, 2023
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• Here’s how high interest rates are impacting Canada’s condo demand

  Builders in Toronto and other major cities are feeling less confident about condo projects and are scaling back development plans as interest rates and building costs rise.

  Money

  Aug 6, 2022