“The condo market is basically in a recession,” said Benjamin Tal, deputy chief economist with Canadian Imperial Bank of Commerce. “You cannot go through this kind of shock without a change to the ...

TORONTO, May 13 (Reuters) - Five months after buying one of Toronto's new luxury hotel condominiums, Oliver Baumeister is girding for a glut of suites like his to hit the market as the biggest names ...

The units are all less than 500 square feet, but are scattered throughout the downtown core, including in the Financial District, east end and on the waterfront ...

Condo prices in Ontario are dropping at alarming rates as inventory skyrockets, projects are scrapped, and new construction starts fall off a cliff. However, there is still one pocket of the Greater ...

VANCOUVER (Reuters) - The market for condos and attached properties surged in Canada's main real estate markets, Toronto and Vancouver, as buyer interest in expensive detached homes has withered, data ...

The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end of the first quarter of 2025, according to the most recent report from Canada Mortgage and ...