Is now the time to buy a condo in Toronto?
Condo Control
MAY 28, 2025
Economists from TD predict that by the end of 2025, condo prices in Toronto will have dropped 15% to 20% from the third quarter of 2023. The HCRA licenses builders and provides information on any disciplinary history. TD estimates that nearly 75% of the condo market is investor-driven. This resulted in the prime rate rising to 7.2%.
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