Why GTA Condo Sales Just Collapsed to a 35-Year Low

The Greater Toronto and Hamilton Area is facing a historic condo pileup, and nowhere is this more visible than the massive luxury towers surrounding Square One in Mississauga. With new condo sales plunging to a 35-year low, thousands of brand-new units are sitting finished and empty as investors struggle to find buyers or renters willing to pay peak prices. We break down the exact numbers behind this unprecedented inventory surge, the impact of the massive M City development, and why landlords are suddenly being forced to slash rents just to keep the lights on in one of Canada's most oversupplied real estate markets. ​Disclaimer: The data, market analysis, and opinions presented in this video are for informational and educational purposes only and do not constitute financial, investment, legal, or real estate advice. Real estate markets and government policies are subject to change.