Part 1/18:
Toronto's Real Estate Sector in Turmoil: Mass Exodus and Economic Fallout
An Industry in Decline: Empty Offices and Rising Departures
Toronto's once vibrant real estate landscape is currently undergoing a dramatic transformation. Rows of vacant desks now dominate the city's brokerages, with franchise signs coming down overnight and notices announcing closures or mergers taping up windows. The city’s bustling offices—filled just a few years ago with eager agents and energetic sales floors—are now ghost towns, reflecting a sharp contraction in activity.