Toronto's top real estate agents. 📉 Fewer New Condo Developments = Tighter Supply Ahead!

📉 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 then, the overall trend points to a sharp decline in new supply over the next few years.

Why does this matter?

✅ Tighter supply means upward pressure on prices – fewer new condos will hit the market in the coming years, making today’s inventory more valuable over time

✅ Smart time to buy – Toronto condo prices are currently soft, offering buyers an excellent entry point before supply shrinks and demand inevitably pushes prices higher

✅ Great news for investors – A strong long-term outlook with limited new supply ensures a competitive edge for those who buy now

📣 Now is an amazing window of opportunity for buyers! Whether you're looking for your dream condo or an investment property, this window of opportunity won't last long. Call our team today at 647-836-2895, and let's secure your future in Toronto's thriving condo market before the competition heats up!