Condo sales in Toronto, Hamilton fall to 35-year low in third quarter (www.theglobeandmail.com)

submitted 3 months ago by MakingWork@lemmy.ca to c/ontario@lemmy.ca

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Only 319 new condo units were sold in the third quarter, down 54 per cent from a year ago and the lowest quarterly total since 1990 when Toronto’s condo market faced a severe crash, according to a quarterly condo report by the real estate research firm Urbanation.

Lemmings, what are your opinions on the housing market?

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[-] MakingWork@lemmy.ca 2 points 3 months ago

It's so hard to predict the future. From one had the demand is there- lots of people are looking for homes and condos. From another hand, sales are low which will drop prices more.

Very difficult to say.

this post was submitted on 22 Oct 2025

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