Toronto Mayor FREAKS OUT As 7,000 Cancelled Condos Trigger MASS BANKRUPTCIES!

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Toronto's condo market is facing its biggest test in decades. Nearly 7,000 condo units have been cancelled since January 2024, developer bankruptcies are surging, and 82% of condo investors are now losing money every month.

In this video, we break down the verified data behind Toronto's condo market correction using official sources including CMHC, Urbanation, TRREB, and Statistics Canada. You'll learn why pre-construction sales collapsed to a 28-year low, which major developments entered receivership owing billions, and what the 40,000 unsold units mean for GTA property values.
Whether you're a buyer looking for opportunities, an investor reassessing your portfolio, or simply want to understand what's happening in Canadian real estate, this analysis gives you the facts without the hype.

???? KEY SOURCES:
Urbanation Q3 2025 Condo Market Report: https://www.urbanation.ca/news/condo-project-cancellations-hit-record-high-sales-fall-35-year-low
CIBC-Urbanation Condo Investment Report July 2024: https://www.urbanation.ca/sites/default/files/upload-media/Urbanation-CIBC_Condo_Investment_Report_-_July_2024.pdf
CMHC Rental Market Report 2025: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/rental-market-reports-major-centres
Statistics Canada Condo Investor Data: https://www150.statcan.gc.ca/n1/daily-quotidien/241003/dq241003a-eng.htm
TRREB Market Watch December 2024: https://trreb.ca/market-data/market-watch/

Every claim verified with primary sources.

#realestate #realestatemarket #propertymarket

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Disclaimer:
We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.This video provides fact-based analysis without political bias—just economics, data, and real-world impact on families, developers, and the construction industry.