For the first time in 30+ years, zero new condo projects launched in GTHA. Here is what this means for buyers and sellers.

For the first time in 30+ years, zero new condo projects launched in GTHA. Here is what this means for buyers and sellers.

Sales were up 1.7% year-over-year (5,039 homes sold), but average price slipped 6.7% to $1,017,796. New listings dropped sharply — down 16.7% to just 14,442 — while active listings sit at 21,596. The headline: More buyers, fewer choices. That's the March story. By home type: • Detached: 1,422 sales, avg $1,342,375 (-6.4% YoY) • Semi-detached: 371 sales, avg $739,365 (-8.3%) • Townhouse: 442 sales, avg $1,008,246 (-6.1%) • Condo: 2,235 sales, avg $620,479 (-8.0%) What this