TORONTO (Reuters) - Five months after buying one of Toronto's new luxury hotel condominiums, Oliver Baumeister is girding for a glut of suites like his to hit the market as the biggest names in the ...
“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 ...
An imbalance of supply against demand fueled the decline of the Greater Toronto Area (GTA) condominium market in 2025, and industry experts expect that the lagging market is set to continue into the ...
The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end of the first quarter of 2025, according to the most recent report from Canada Mortgage and ...
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