As someone deeply invested in Toronto real estate and building integrity, I’m always watching the factors shaping our city’s condo supply. Recent data highlights a tough situation: with new condo starts declining, Toronto’s market is more vulnerable than ever to rising construction costs—especially tariffs on steel and other fabricated metals. The latest federal index shows a 2.1% quarterly increase in fabricated metal prices, while structural steel went up 1.8%. These aren’t just numbers; they have real consequences for both developers and buyers. With fewer new projects breaking ground and the cost of essential materials climbing, the risk of price shocks on the supply side is very real for Toronto. As your dedicated partner in real estate and home inspection, I’m committed to helping you navigate these shifts with a clear, grounded perspective.