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Toronto Condominium Construction Slowdown

Sector: Residential • Location: Toronto, Ontario, Canada

Source: The Globe and Mail

Project
Ongoing Slowdown

The article discusses the decline in condominium construction starts in the Toronto region, highlighting discrepancies between federal Canada Mortgage and Housing Corp. (CMHC) data and industry group data from Urbanation Inc. and Zonda. The difference arises from varying methodologies in counting the start of construction, with CMHC counting at a later stage (foundation pouring) and industry group

Status
Under Construction
Sector
Residential, Government, Commercial
Location
Toronto, Ontario, Canada
Updated
22 Jul 2026
Source
The Globe and Mail

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Project Information

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The project “Toronto Condominium Construction Slowdown” is an infrastructure initiative in the Residential sector, located in Toronto, Ontario, Canada. Taiyo aggregates data on it from The Globe and Mail.

Participants

Not available for this record.

Status

Original status

ongoing slowdown

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The article discusses the decline in condominium construction starts in the Toronto region, highlighting discrepancies between federal Canada Mortgage and Housing Corp. (CMHC) data and industry group data from Urbanation Inc. and Zonda. The difference arises from varying methodologies in counting the start of construction, with CMHC counting at a later stage (foundation pouring) and industry groups counting earlier stages (excavation). This leads to government data lagging and underrepresenting the severity of the slowdown in condo construction.

Original sector

Real Estate and Construction

Location

Country

Canada

State

Ontario

City

Toronto

Source

Source

The Globe and Mail

URL

More Details

Record type

Project

Sector

Residential, Government, Commercial

Article published date

2025-09-16

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