{"id":42760,"date":"2025-09-25T14:53:07","date_gmt":"2025-09-25T14:53:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/42760\/"},"modified":"2025-09-25T14:53:07","modified_gmt":"2025-09-25T14:53:07","slug":"torontos-condo-market-faces-sharp-slowdown","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/42760\/","title":{"rendered":"Toronto&#8217;s condo market faces sharp slowdown"},"content":{"rendered":"<p>Supply shortage versus overbuilding<\/p>\n<p>Unlike the 1990s, when overbuilding led to a prolonged slump, today\u2019s market is underpinned by a housing shortage. CMHC noted that 9,363 units remained unsold in pre-construction, while 10,450 were unsold in projects under construction as of the second quarter of 2025. Yet demand pressure is evident in the rental market, with a record number of leases signed in the first half of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Supply shortage versus overbuilding Unlike the 1990s, when overbuilding led to a prolonged slump, today\u2019s market is underpinned&hellip;\n","protected":false},"author":2,"featured_media":42761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":["post-42760","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/42760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=42760"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/42760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/42761"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=42760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=42760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=42760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}