{"id":81821,"date":"2025-09-23T21:04:08","date_gmt":"2025-09-23T21:04:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/81821\/"},"modified":"2025-09-23T21:04:08","modified_gmt":"2025-09-23T21:04:08","slug":"will-the-preconstruction-condo-market-ever-bounce-back-submit-a-question-to-our-experts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/81821\/","title":{"rendered":"Will the preconstruction condo market ever bounce back? Submit a question to our experts"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/5LPRNOWBJVFRXNNIT64IMO6OLY.jpg?auth=1030867fa46a149075feb1d11f14e352fd7896fe97fced68f3b133a646aac416&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">As preconstruction condos become less and less profitable, investors are leaving the market in droves.Chris Young\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\"><b>Click here to submit a question to our Q+A. If you\u2019re an app user, click on the comment icon on the top right of your screen.<\/b><\/p>\n<p class=\"c-article-body__text text-pr-5\">This year, preconstruction condo sales in Toronto are at their lowest level since the 1990s. As they become less and less profitable, investors \u2013 who made up the majority of buyers \u2013 are leaving the market in droves, leading developers to <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-toronto-market-for-new-condos-continues-to-crater-as-sales-drop\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-toronto-market-for-new-condos-continues-to-crater-as-sales-drop\/\">cancel projects<\/a> and <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-toronto-buyers-left-in-lurch-as-preconstruction-condos-now-worth-less\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-toronto-buyers-left-in-lurch-as-preconstruction-condos-now-worth-less\/\">leaving buyers with mortgages worth more than the value of the property<\/a>.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The real estate market in Canada has been in flux since Donald Trump announced tariffs on Canadian goods \u2013 including building materials \u2013 earlier this year. Prospective homebuyers have been opting to sit on the sidelines and wait for the economic uncertainty to end, which has caused sales to drop and supply to steadily rise. But what does the rest of the year hold for buyers and sellers in Canada\u2019s condo markets and beyond?<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/real-estate\/article-builders-taking-on-more-debt-as-some-in-residential-sector-struggle\/\" rel=\"nofollow noopener\" target=\"_blank\">Builders taking on more debt as some in residential sector struggle<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">On Sept. 25 at 11 a.m. ET, real estate reporters Rachelle Younglai and Shane Dingman will be answering reader questions on the state of Canada\u2019s preconstruction markets, its effects on housing in general, and what it means for Canadians looking to buy or sell a home in the coming months.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Globe and Mail subscribers can ask a question or leave a comment, but registered non-subscribers can still view the questions and responses. To submit a question, fill out the form below or scroll down to the comments section of this article.<\/p>\n<p class=\"c-article-body__text text-pr-5\">What will it take for investors to return to the preconstruction condos? How are developers reacting to the change in the market? Is now a good time to buy or sell? Submit your questions now.<\/p>\n<p>  Ask your questions about Canada&#8217;s preconstruction condo market<\/p>\n<p>\nOn Sept. 25 at 11 a.m. ET, real estate reporters Rachelle Younglai and Shane Dingman will be answering reader questions on the state of Canada\u2019s preconstruction markets, its effects on housing in general, and what it means for Canadians looking to buy or sell a home in the coming months. Submit your questions now.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: As preconstruction condos become less and less profitable, investors are leaving the market&hellip;\n","protected":false},"author":2,"featured_media":81822,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[54766,4659,51094,51095,51093,79,18,19,17,188,5494,790],"class_list":{"0":"post-81821","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-ac-community","9":"tag-appwebview","10":"tag-aud-growth","11":"tag-aud-headline","12":"tag-aud-url","13":"tag-business","14":"tag-eire","15":"tag-ie","16":"tag-ireland","17":"tag-markets","18":"tag-noastack","19":"tag-politics"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/81821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=81821"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/81821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/81822"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=81821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=81821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=81821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}