![\"\"](\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2019\/04\/EmeraldCity_ConstructionTour3.jpg\")
<\/a><\/p>\nPhoto: James Bombales<\/em><\/p>\n Research suggests that the heightened level of condo cancellations that plagued the Greater Toronto Area\u2019s housing market in 2018 won\u2019t be matched this year.<\/p>\n Industry research firm Urbanation is expecting far fewer cancellations in the GTA this year, but more than a thousand units may still end up on the chopping block by the end of 2019.<\/p>\n Last year, developers cancelled 17 condo projects across the GTA, resulting in the loss of 4,672 units and harrowing stories for homebuyers who were caught off guard in a year when about 17,000 new units were successfully completed.<\/p>\n\n Urbanation research provided to Livabl suggests only one project, On The Danforth, a 132-unit mid-rise building that was approved for development in Toronto\u2019s east end, has been cancelled to date this year.<\/p>\n Urbanation\u2019s director of market research, Pauline Lierman, does suspect a second site encompassing more than 1,000 units is cancelled, though she doesn\u2019t expect other projects of that scope to follow suit.<\/p>\n \u201cFor this year I do not see us coming anywhere near the 4,672 units in 2018,\u201d she says in an email. \u201cThere will probably be a couple of smaller sites which is typical for the market in any year,\u201d she adds.<\/p>\n Tracking project cancellations as they occur is not an exact science, and sometimes a project that has been adjusted or delayed may end up getting marked as cancelled.<\/p>\n Urbanation marks a project as cancelled based on information from sources like brokers or homebuyers, or if researchers can\u2019t get in touch with a developer and the building\u2019s site has remained \u201cstagnant for some time,\u201d Lierman explains.<\/p>\n