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Slowing Condo Sales Deepen Canada’s Home Ownership Crisis Amid Investor Withdrawal

  • Canada’s slowing condo pre-sales, driven by high interest rates and reduced investor confidence, threaten future housing supply and worsen the homeownership crisis.
  • Builders face difficulties meeting construction funding requirements as fewer units are pre-sold, particularly in cities like Toronto.
  • Government interventions have had limited impact, leaving demand-supply imbalances unresolved in the coming years.