CondoSavvy - We Know Condos

The arena has shifted. Are the odds finally in your favour?

Since 2023, about 30,000 new condo units been added to the GTA market EACH YEAR! That’s 50% more than we typically absorb. The result? Roughly 3 out of 4 listings go unsold.

Prices have slipped 6–8% year-over-year, and some projects are down close to 20% from their highs. Investors are walking away from six-figure deposits, and assignment sales are stacking up as carrying costs outpace rental income.

For first-time buyers and savvy investors, it’s the market reset we thought would never come with unprecedented amounts of choice and massive negotiation power.

If you've been thinking of getting into the market, get in touch.