Average condo price now $626,650, down from just under $800,000 four years ago.
GTA condo sales last month ↓ to 1,088, more than 60% lower than four years earlier.
In $700K-$800K range, sales went from 784 in Feb 2022 to 88 in Feb 2026.
Preconstruction buyers may owe up to hundreds of thousands if appraisals come in low; some walk away, face lawsuits.
Higher rates, ↓rents, and lower immigration targets are cited as key drags.
Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth
As someone dedicated to guiding clients through every aspect of real estate and home inspection, I pay close attention to the changes that affect our housing market. The Toronto Board of Trade is highlighting a...