- 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.
Business
Slowing Condo Sales Deepen Canada’s Home Ownership Crisis Amid Investor Withdrawal
Oct 31, 2024 Share

