Toronto's top real estate agents. 📉 Fewer New Condo Developments = Tighter Supply Ahead!
Saturday Nov 30th, 2024
Share📉 Fewer New Condo Developments = Tighter Supply Ahead! Did you know the future supply of condo developments in the Greater Toronto Area is set to decrease significantly? While 2025 is expected to bring over 38,000 new condo units, the years that follow tell a different story. By 2026, the projected number drops to just 18,812 units, with even fewer anticipated in 2027 and 2028. While some additional projects will likely be approved and launched between now and... [read more]