Q2-2025 GTA Condo Market Shows Promising Trends

Slide 1

Q2-2025 saw only 502 pre-con condos sold, down 91% from the 10-year Q2 average.

Slide 2

Only 3 new condo projects launched, totaling 891 units, all outside Toronto’s city core.

Slide 3

Average unsold pre-con prices hit $1,325 PSF, slightly down year-over-year but stable quarter-over-quarter.

Slide 4

Construction slowed to 188 projects, representing 65,403 future units—a 30% drop from last year.

Slide 5

Resale market showed slight recovery: 4,074 units sold, up 15.9% from Q1 2025.