Tag: Toronto new condos
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Canadian Developers Are Sitting on a Record 18,998 Unsold New Homes

January 29, 2026 Canadian developers are holding a record number of completed new homes that still have not sold – a notable shift in a country where many projects are typically sold before completion, especially in the condo market. New CMHC-tracked data highlighted by Better Dwelling shows completed-and-unsold inventory reached 18,998 units in December 2025,…