Whenever you're ready, Book A Call With Me:https://calendly.com/michaelouzasrealestate/newyear----To view MLS listings in real time and sold prices, check out the Listed App: https://listed.inc/?presented-by=28a249ba9cd34937b9b6a8f1d3888903----New Condo Sales The Slowest EverThe new condo market in Toronto and the Greater Toronto Area is experiencing its slowest period in decades. In this video, we examine the Q2 2025 data from Urbanation to understand just how far sales have fallen—and what that means for future housing inventory. With only 502 new condo sales this quarter, a 70% drop year-over-year, developers are pausing projects, canceling presales, and in some cases, shifting to rentals. We’ll also explore what buyers are really looking for in today’s market, the growing gap between presale and resale prices, and the long-term implications if current trends continue.#torontorealestate 00:00:00 Introduction00:00:45 About the Urbanation report00:01:13 30-year low in Q2 condo sales00:03:19 Historical comparison of sales00:05:40 ConclusionFollow Me On Social Media:Instagram: @michaelouzasrealestateFacebook: @michaelouzasrealestate
