UrbanationArticle
Slowest Condo Market in Over 30 Years Causing Construction to Collapse
New condominium apartment sales in the Greater Toronto and Hamilton Area fell 60 percent in 2025 to just 1,599 units, the lowest annual total since 1991. A record 28 active condo projects totalling 7,243 units were cancelled during the year.
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Provenance
- Publisher
- Urbanation
- Obtained from
- Urbanation
- Published
- Jan 1, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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