Tag: toronto condos
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What $600K Gets You In Toronto vs Vancouver vs Atlantic Canada Right Now
A $600,000 home-buying budget can get you a dramatically different property depending on where you live in Canada. In downtown Toronto, around $600,000 can get you a two-bedroom condo. In Vancouver, the same budget can mean a one-bedroom condo measuring just over 600 square feet. But head east to Atlantic Canada and suddenly buyers are…
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Toronto Condo Construction Has Collapsed With Just 156 Units Started In The First Half Of 2026
Toronto’s condo construction slowdown has reached a dramatic new level, with just 156 condominium units started in the City of Toronto during the first half of 2026. According to the Canada Mortgage and Housing Corporation’s latest Housing Supply Report, that is a massive drop compared with the previous decade, when the city averaged roughly 7,000…
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What You Can Get At Different Budgets In Toronto Right Now
Toronto real estate looks VERY different depending on how much you have to spend. Right now, buyers can find everything from condos under $400,000 to detached homes around $1 million and massive luxury properties approaching $3 million. We looked at 10 active listings across Toronto to see what different budgets can actually get you right…
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Here’s How Much Toronto Home Prices Have Fallen By Property Type
Home prices across the Greater Toronto Area are still lower than they were a year ago, but the size of the decline depends heavily on what type of home you’re looking at. The average GTA home sold for $1,003,956 in July 2026, down 4.5% compared with July 2025. The MLS Home Price Index benchmark also…
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What You Can Buy In Toronto At Different Budgets Right Now
Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets currently buy across the city as of June 30, 2026. This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market. Click on the links to…
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Toronto’s Condo Crash May Not Bottom Until 2028, TD Warns
Toronto’s condo market continues to struggle through one of its deepest and longest downturns in decades, with some economists warning the correction could continue for years. A new report from TD Economics projects Greater Toronto Area condo prices may not begin a sustained recovery until 2028. The bank estimates prices could ultimately fall between 25%…
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Toronto’s Condo Slump Could Last Years As Thousands Of Units Flood The Market
Toronto’s condo market may face a prolonged slowdown as thousands of newly completed and under-construction units continue entering a market already struggling with weak demand. Industry experts speaking during a recent Urban Land Institute (ULI) Toronto webinar said the Greater Toronto and Hamilton Area (GTHA) condo market remains under significant pressure from elevated inventory levels,…
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This Toronto Condo Project Sold 75% Of Units While Others Are Being Cancelled
As Toronto’s condo market continues to struggle with weak sales, project cancellations, and growing inventory, one developer has managed to do what many others currently can’t: secure enough buyers to start construction. Developer Canderel officially broke ground this week on Forêt Forest Hill, a three-tower condominium development at the corner of Bathurst Street and St.…
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GTA Condo Market Hits Historic Slowdown As Only 246 New Condos Sold In Q1
Toronto’s condo market is continuing to face major pressure in 2026, and new data suggests conditions may be reaching historic lows. According to Urbanation data, only 246 new condos sold across the entire Greater Toronto Area during the first quarter of 2026. At the same time, more than 4,300 completed condo units reportedly remained unsold.…
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A Real Estate Firm Just Bought $30M Worth of Unsold Toronto Condos as the Market Slows
Toronto’s struggling condo market may be creating new opportunities for large investors. A Canadian real estate company has reportedly purchased roughly $30 million worth of unsold condominium inventory in downtown Toronto as the GTA condo market continues facing weaker demand, slower sales activity, and growing inventory levels. The bulk purchase is adding to growing signs that institutional…
