New GTA condo sales fell by 44% in September compared to 2024

Global NewsWednesday, October 29, 2025 at 8:00:44 AM
New GTA condo sales fell by 44% in September compared to 2024
In September, new condo sales in the Greater Toronto Area (GTA) plummeted by 44% compared to the previous year, with only 155 units sold, according to a report from the Building Industry and Land Development Association. This significant decline highlights the challenges facing the real estate market, reflecting broader economic trends and potentially impacting future developments and investments in the region.
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