{"id":195,"date":"2025-07-15T15:00:00","date_gmt":"2025-07-15T15:00:00","guid":{"rendered":"https:\/\/www.kaviankarimi.com\/blog\/2025\/07\/toronto-is-a-condo-price-correction-underway\/"},"modified":"2025-07-15T15:00:00","modified_gmt":"2025-07-15T15:00:00","slug":"toronto-is-a-condo-price-correction-underway","status":"publish","type":"post","link":"https:\/\/www.kaviankarimi.com\/blog\/2025\/07\/toronto-is-a-condo-price-correction-underway\/","title":{"rendered":"Toronto: Is a Condo Price Correction Underway?"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/kavian-karimi\/tor-condo-correction\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Condo listings now make up ~60% of Toronto\u2019s 11,705 active housing listings in May 2025.<\/p>\n<p>With only 973 condo sales, inventory reached 7 months\u2014above buyers\u2019 market threshold of 5 months.<\/p>\n<p>Condo resale prices \u2193 7.3% yearly, widening the price gap with new, less competitive units.<\/p>\n<p>Toronto holds 13,537 unsold new condos\u20146,402 pre-construction, 5,986 under construction, 1,149 in standing inventory.<\/p>\n<p>55% of pre-construction condos remain unsold, below lenders&#039; 70% threshold for funding project launches.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Condo listings now make up ~60% of Toronto\u2019s 11,705 active housing listings in May 2025. With only 973 condo sales, inventory reached 7 months\u2014above buyers\u2019 market threshold of 5 months. Condo resale prices \u2193 7.3% yearly, widening the price gap with new, less competitive units. Toronto holds 13,537 unsold new condos\u20146,402 pre-construction, 5,986 under construction, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/comments?post=195"}],"version-history":[{"count":0,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/media\/196"}],"wp:attachment":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/media?parent=195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/categories?post=195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/tags?post=195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}