Slide 1 Toronto condo sales just hit levels we haven’t seen since 1991. Slide 2 Only 1,599 new condos sold in 2025, down 60% year-over-year, 95% since 2021. Slide 3 Hidden twist—less building today means tighter supply and higher rents tomorrow. Slide 4 Construction starts crashed 63%, just 3,272 units, with only ten new projects launched. Slide...