Condos in Toronto region headed for a crunch as fewer start construction
As new condominium sales in the Toronto region fall to levels not seen since the deep economic recessions of the early 1990s and construction starts fall off a cliff, developers are warning that – if something doesn’t change – housing shortages are only going to intensify in the coming years.
New research from real estate analysis company Urbanation Inc. suggests that after a few years of record-high deliveries of new condo housing units, the annual arrival of newly built units could be cut in half by 2027 and slow to 20-year-lows by 2028.
Categories
Recent Posts
Where’s the housing market headed in 2026? Keep an eye on these seven charts
This west-end apartment was corroding from the inside. Here's Toronto's plan to save it
Calgary homeowner sells over asking using conditional offer as leverage
House hunter trumps two other bidders for North York detached
This $9-million Rosedale home is a bold blend of historic and modern luxury: 'Like you are walking back in time'
Inside the $11M 'most famous house in Mississauga,' featured in the TV show 'Suits'
Downtown condo sees price collapse over long search for buyer
Renovations to Etobicoke house help in over-asking sale
From seaside cabins to restored mansions, a look at the best homes of the week of 2025
CEO of Ontario real estate regulator out in wake of iPro scandal, agents still waiting for commissions
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "