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. During this time, the Bank of Canada implemented a series of 10 rate hikes, pushing the overnight lending rate to 5% by mid-2023. TD estimates that nearly 75% of the condo market is investor-driven.
Let's personalize your content