Toronto condo projects stall as buyers stay away, leaving thousands of units frozen
Builders have given up trying to sell thousands of condo units in Toronto over the past five years, data shows, as the city’s housing market grinds almost to a complete standstill.
Between 2020 and 2025, 25 projects have stopped sales on more than 3,200 new units in and around Toronto, numbers pulled together by the Building Industry and Land Development Association (BILD) reveal.
