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Housing starts, completions and absorption, downtown Toronto

Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation. Read October 30, 05:43

MeasureValue
Condominium apartments completed, July to September2,310
Condominium apartments absorbed, July to September1,600
Completed and unabsorbed, September 306,120

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October 30, 2026, 05:43

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What we took from it

1The Canada Mortgage and Housing Corporation counted 2,310 condominium apartment completions in downtown Toronto in the third quarter.Housing starts, completions and absorption, downtown TorontoHousing starts, completions and absorption, downtown TorontoStated in the recordStated
2It counted 1,600 condominium apartments absorbed in the same quarter, the number taken up by buyers or occupants.Housing starts, completions and absorption, downtown TorontoHousing starts, completions and absorption, downtown TorontoStated in the recordStated
3Completions exceeded absorptions by 710 apartments in the quarter.Housing starts, completions and absorption, downtown TorontoHousing starts, completions and absorption, downtown TorontoCalculated by usCalculated
5At the end of September it lists 6,120 completed condominium apartments as unabsorbed.Housing starts, completions and absorption, downtown TorontoHousing starts, completions and absorption, downtown TorontoStated in the recordStated
6Third-quarter completions were 44% higher than third-quarter absorptions.Housing starts, completions and absorption, downtown TorontoHousing starts, completions and absorption, downtown TorontoCalculated by usCalculated