Looks like Toronto housing bubble is starting to burst with developers are quietly cancelling condos. Meanwhile, total condo sales fell by 75% from 2022 to the first quarter of 2025, according to data from market research firm Urbanation, and the average resale condo price dipped by 13%.
thestar.com/real-estate/toront…
#toronto #ontario #canada #economy
Toronto developers are quietly cancelling condos. For the first time, the Star has mapped the extent of the crisis
Condo developers have quietly pulled the plug on projects across the city. The Star’s interactive map shows you where.The Toronto Star
👺кину奇诺[流浪者]👹
in reply to Yogthos • • •>developers are quietly cancelling condos
It's always pretty gross to hear how human needs will only be facilitated for profit motive.
Yogthos
in reply to 👺кину奇诺[流浪者]👹 • • •Yogthos
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