CMHC releases new analysis of condo markets in Toronto and Vancouver

CMHC releases new analysis of condo markets in Toronto and Vancouver

OTTAWA, ON, June 10, 2025 /CNW/ - Between 2022 and 2025, condominium apartment sales dropped by 75% and 37%, in Toronto and Vancouver Census Metropolitan Areas (CMA), respectively. Inventories more than doubled and prices fell.  New analysis by Canada Mortgage and Housing Corporation (CMHC) looks at the driving factors behind this trend and risks to broader efforts to increase housing supply over the long term.   ...Full story available on Benz…

Sales and prices fall as condo glut hits Toronto and Vancouver: CMHC

After years of frenzy and growth, a new report by the Canada Mortgage and Housing Corp. points to a dramatic slowdown in Toronto and Vancouver’s condo markets. Sales of new, resale, and pre-construction units have plunged since mid-2022, marking a stark shift from the boom period driven by low interest rates and investment. By the first quarter of 2025, condo apartment sales had dropped by a staggering 75 per cent in Toronto and 37 per cent in V…

CMHC warns of rising condo market risks as sales collapse and investor losses mount - Mortgage Rates & Mortgage Broker News in Canada

Toronto and Vancouver’s condo markets are under growing pressure, with new CMHC data showing steep sales declines, rising inventories and increasing financial stress among investors, conditions could drag on future housing supply.