‘The condo market has clearly become depressed as it undergoes a correction following growth during the pandemic’
By Gigi Suhanic
Published Nov 25, 2025
Last updated 17 hours ago
Condos might make more sense for first-time buyers, with homeownership costs as a percentage of median household income at 36.2 per cent for a condo compared with 60 per cent for a single-family home.