by Eric Stober | Jul 14, 2025 | News
After a wave of rapid expansion, Canada’s condominium market is facing a dramatic reversal, as a glut of unsold inventory and a sharp retreat by investors have triggered a sector-wide slowdown. A report from the Canada Mortgage and Housing Corporation in June found...
by Courtney Zwicker | Jun 11, 2025 | Boards & Associations, News
After years of frenzy and growth, a new report by the Canada Mortgage and Housing Corp. points to a dramatic slowdown in Toronto and Vancouver’s condo markets. Sales of new, resale, and pre-construction units have plunged since mid-2022, marking a stark shift...
by REM Editorial Team | May 5, 2025 | News
If you were holding out hope for a rebound in the GTA condo market this year, you might be in for a disappointment. According to a new report by Rishi Sondhi, economist at TD Economics, resale condo prices in the GTA are projected to fall by about 10 per cent in 2025...
by REM Editorial Team | Apr 16, 2025 | News
\Metro Vancouver’s condo market is on track to end 2025 with its highest level of unsold inventory in years, according to a new report by Rennie. The region’s “housing market may feel balanced on the surface, but inventory trends are telling a different...
by Jordana Springgay | Feb 3, 2025 | News
“The bottom line here is that there is a big disconnect materializing between conditions in Ontario and most of the rest of the country,” says BMO Director and Senior Economist Robert Kavcic. At the end of 2024, Canada’s housing market showed stark...