Survey shows more young Canadians choose renos over moves as condo values slip [Wealth Professional (Canada)]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: Wealth Professional
Condo owners who banked on small Toronto units as stepping stones to houses are instead pouring money into renovations as a “major drought” in the condo market blocks their next move. Condo sales in the Greater Toronto Area dropped sharply, with 3,880 units changing hands in the fourth quarter of 2025, down 15 percent from the same period in 2024, according to a Toronto Regional Real Estate Board report cited by BNN Bloomberg New listings fell 8.1 percent year over year and the average selling price slipped 5.1 percent to $652,945. BNN Bloomberg reports that consecutive years of high completion rates brought a rush of new supply, while falling rents discouraged real estate investors , dragging down values in the condo segment and leaving many would-be move-up buyers on the sidelines. Unable to sell, many condo owners are “opting to improve their existing living quarters,” and approaching projects with the mindset that “we need to make the space that we have work,” according t
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CBT
News
- CMHC reports February housing starts up 4.5% from January [Advisor.ca (Canada)]Advisor.ca
- CMHC reports February housing starts up 4.5% from January [Investment Executive - News]Investment Executive - News
- CMHC reports February housing starts up 4.5% from January [BNN Bloomberg (Canada)]BNN Bloomberg
- CMHC reports February housing starts up 4.5 per cent from January [Yahoo! Finance Canada]Yahoo! Finance Canada
- National housing supply made strides in 2025 amid weak demand, condo struggles: CMHC [Advisor.ca (Canada)]Advisor.ca
CBT
Earnings
- 2/3/26 - Beat
CBT
Sec Filings
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- CBT's page on the SEC website