Tag: toronto housing supply
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Toronto Condo Sales Plunge 60% in 2025 to Lowest Level Since 1991
Toronto’s once-booming pre-construction condo market has slowed dramatically. New data shows sales of newly built condominiums in the Greater Toronto and Hamilton Area (GTHA) plunged 60% in 2025, falling to just 1,599 units – the lowest annual total recorded since 1991. The sharp drop marks the fourth consecutive year of declining new condo sales and…
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Canada Needs 3.5 Million Homes – Why Backyard Suites May Be the Fastest Housing Solution
As Canada’s housing affordability crisis continues to strain households, urban planners and policymakers are increasingly turning their attention to one overlooked solution – secondary suites. Basement apartments, garden suites, and laneway homes could add thousands of new housing units across Canadian cities without requiring large-scale new developments or major infrastructure expansion. Housing experts say these…
Canada Housing Market 