{"id":200428,"date":"2025-09-04T20:22:09","date_gmt":"2025-09-04T20:22:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/200428\/"},"modified":"2025-09-04T20:22:09","modified_gmt":"2025-09-04T20:22:09","slug":"regulator-says-top-lenders-are-well-positioned-to-weather-market-struggles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/200428\/","title":{"rendered":"Regulator says top lenders are well positioned to weather market struggles"},"content":{"rendered":"

Condo oversupply weighs on prices<\/strong><\/p>\n

Data from the Toronto Regional Real Estate Board<\/a> (TRREB) released on Thursday showed that average condo prices across the wider 905 region slumped by 10.6%.<\/p>\n

Condo sales also fell again, dropping by 3.4% in the city centre year over year and by 7.7% in the suburbs. Year to date, condo sales have plummeted by 16.6% overall compared with the same period in 2024, TRREB said.<\/p>\n

But Routledge suggested a jump in listings could be good news for some buyers. \u201cWhen you talk about in one of our largest cities, a bit of excess inventory in condominiums, which are starter places for younger Canadians who want to get into the real estate market, you know that there\u2019s a little bit of excess supply and prices are coming down off all-time highs,” he said.\u00a0<\/p>\n

Still, he said the regulator was closely watching developments. “We’ve been talking about commercial real estate risk in our annual risk outlooks for a number of years now, so I’d be disingenuous if I said we weren’t concerned,” he added.<\/p>\n

Toronto\u2019s condo market in flux<\/strong><\/p>\n

Industry analysts have noted that Toronto\u2019s condo market faces ongoing headwinds, with prices showing \u201cno signs of stabilizing<\/a>\u201d and demand for new units plunging. While this presents challenges for investors and developers, the increased supply and falling prices may offer a long-awaited entry point for first-time buyers<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Condo oversupply weighs on prices Data from the Toronto Regional Real Estate Board (TRREB) released on Thursday showed…\n","protected":false},"author":3,"featured_media":200429,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,93279,78282,135,2432,67,132,68],"class_list":{"0":"post-200428","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-condo","10":"tag-homebuyers","11":"tag-markets","12":"tag-sales","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115147895314980394","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/200428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=200428"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/200428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/200429"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=200428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=200428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=200428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}