Toronto area new condo sales saw steep decline in 2024

Kuntal Khasnobish
Thursday, January 16, 2025
Toronto area new condo sales saw steep decline in 2024

The bad news keeps coming for the GTHA’s new condo market.

A report from real estate analytics firm Urbanation, released Thursday, found that in 2024, new condo sales in the region totalled just 4,590, marking a 64 per cent drop from 2023.

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