Condo sales numbers in and around Toronto have taken a drastic tumble so far this year, and now that the market is starting to lean towards buyers ...
" campaign in March through which it offered to cover an entire two years of mortgage bills for anyone who bought a unit in three of its forthcoming buildings in the GTA.What many residents are finding confusing about these numbers and trends is the fact that the entire country, Toronto especially, is in a housing crisis — but the fact is that prices are simply not falling into a realm of affordability that would enable more people to actually purchase homes here.
Also, 52 per cent fewer condo projects across the region broke ground in recent months compared to the first few months of 2023. In April specifically, the GTA market saw a 74.
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