Sales Dip, but Bigger Toronto Condos Still in Demand | MrHunter.ca

Toronto’s condo market continues to struggle, with October sales ↓ 11% and prices ↓ 4.7% yearly.
The 905 region saw a sharper decline, with sales ↓ ~17% and avg prices ↓ to ~$574K.
New condo sales are extremely low, 90% below the 10-yr September avg, creating oversupply and investor losses.
Small condos (under ~650 sq ft) face lower demand, prompting buyers to consider larger, more desirable units.
Market conditions may stabilize over time, with continued interest in larger units and potential rebalancing of supply.