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%.

https://www.thestar.com/real-estate/toronto-developers-are-quietly-cancelling-condos-for-the-first-time-the-star-has-mapped-the/article_741d7449-6353-42cf-bb83-ebf0d5c6a4ad.html

#toronto #ontario #canada #economy