GTA Pre-Construction Sales Slump Market Slowdown Creates Buyer Leverage
According to the Building Industry and Land Development Association (BILD), the GTA’s pre-construction and new home markets have reached historic lows.
- Sales dropped 59 % year-over-year in August 2025 and remain 90 % below the 10-year average.
- Industry leaders warn of potential long-term housing shortages if new project launches continue to stall.
Analysts suggest that this downturn presents a rare opportunity for strategic buyers to secure better terms before the next cycle begins.
🔗 BILD GTA – Industry Calls for Intervention Amid Housing Downturn
🔗 Global News – GTA New Condo Sales Down 44 %
