Toronto's condo market is decimated, is housing next?

Ron Butler, principal broker at Butler Mortgage, examines Toronto's collapsing condo market and its ripple effects across Canada's housing sector. He explains why new condo construction has ground to a halt, how resale prices are undercutting new developments, and what this means for the building industry and the broader economy. Butler also grades government responses and discusses why development charges remain a critical barrier to reviving new home construction across Canada. The Hub is Canada's fastest growing independent digital news outlet. Subscribe to The Hub's podcast feed to get our best content when you are on the go: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/ Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Elia Gross - Producer & Editor Harrison Lowman - Host To contact us, sign up for updates, and access transcripts email [email protected]. Hosted on Acast. See acast.com/privacy for more information.