“The condo market is basically in a recession,” said Benjamin Tal, deputy chief economist with Canadian Imperial Bank of Commerce. “You cannot go through this kind of shock without a change to the ...

The condo market in Canada's biggest cities is undergoing a historic crash, with smaller units losing their value faster than any others.

Condo sales have fallen in Canada's two major markets, according to CMHC. (Credit: Jason Payne) The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end ...

Sometimes a home is cool simply because of its bones — soaring ceilings, elegant crown moulding, original millwork and ...

Toronto’s glut of condos is being fuelled by sagging sales and people walking away from their purchases, according to Ron Butler, principal broker at Butler Mortgage. “We’re at one year’s inventory — ...

New condo sales will be slumping into 2026, with November seeing only 165 new-build condos selling across the Greater Toronto Area — including just 18 in the old city of Toronto, which includes the ...