Toronto Market for New Condos Continues to Crater as Sales Drop, Developers Cancel Projects

Toronto market for new condos continues to crater as sales drop, developers cancel projects

There were 502 sales of new condos in the Toronto and Hamilton area in the second quarter, according to an industry report

Toronto developers are quietly cancelling condos. For the first time, the Star has mapped the extent of the crisis

Condo developers have quietly pulled the plug on projects across the city. The Star’s interactive map shows you where.

"Havoc": GTHA New Condo Sales Plunge 90% Below 10-Year Average

In a typical year, the second quarter can be strong for new condo sales. But anyone who's been keeping a finger on the ebbing pulse of the Greater Toronto Hamilton Area's (GTHA) condo market won't be surprised to learn that Q2-2025 was not the slam dunk quarter some may have wanted.According to Urba...

Cladding Advances at KING Toronto

Work continues on the application of the signature glass block cladding at KING Toronto, the multi-use, primarily residential project designed by Bjarke Ingels Group and developed as a joint venture between Westbank Corp and Allied Properties REIT. UrbanToronto last provided a construction update on the project in May, 2025, with a focus on the heritage wall restoration at the complex's east end.Looking south to KING Toronto, designed by Bjarke …