Toronto’s housing starts are down 10% year-over-year, which points to a slowdown in construction activity across our city’s urban core. At the moment, there are 37 building permits in play for about 6,600 condo apartment units—construction hasn’t kicked off on these yet, but they’re in the pipeline. Some of these projects could still move forward, since many of the pre-sales were likely completed before the recent dip in sales activity. It’s worth remembering that housing-start figures often trail behind what’s really happening, as large-scale Toronto developments go through lengthy planning, pre-sale, and permitting stages before actual construction begins. As a dedicated partner in real estate and home inspection, I keep a close eye on these trends—knowing that today’s numbers may not fully capture tomorrow’s opportunities as projects move from planning to groundbreaking.