Slide 1
Toronto condo sales just hit levels we haven’t seen since 1991.
Slide 2
Only 1,599 new condos sold in 2025, down 60% year-over-year, 95% since 2021.
Slide 3
Hidden twist—less building today means tighter supply and higher rents tomorrow.
Slide 4
Construction starts crashed 63%, just 3,272 units, with only ten new projects launched.
Slide 5
Prices dipped now, but shrinking supply sets up affordability pressure by decade’s end.