
Toronto’s pre-construction condo market was once seen as a reliable path to wealth building. But today, more and more projects are stalling, going into receivership, or being cancelled outright. What’s happening, and what does it mean for buyers, investors, and the city’s housing supply?
In this episode, we break down why the pre-construction market is facing its toughest moment in years. Rising interest rates, soaring construction costs, and slower sales have created a perfect storm that developers cannot ignore. Entire projects are being pulled before they break ground, leaving thousands of planned units off the market.
We explore:
• Why cancelled and stalled projects are becoming more common across Toronto
• How financing rules force developers to hit pre-sale targets and why so many are falling short
• The ripple effects on buyers, investors, and housing supply
• Whether this slowdown is a permanent shift or just a pause in the cycle
• What to watch for if you are considering buying pre-construction in the current climate
Toronto’s condo market is changing fast. If you want to understand the risks, opportunities, and bigger picture, this episode will give you the context you need.
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