Category: Uncategorized
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Toronto Is Building More Rentals Than Condos For The First Time In 32 Years
Toronto’s housing construction market is undergoing a major shift, with purpose-built rental apartments now overtaking condominium construction for the first time in more than three decades. According to the Canada Mortgage and Housing Corporation’s Fall 2026 Housing Supply Report, rental apartment starts in the Toronto region surpassed condominium apartment starts for the first time since…
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Newfoundland Hasn’t Had This Few Homes For Sale In More Than 20 Years
Finding a home for sale in Newfoundland and Labrador is getting increasingly difficult, with housing inventory now sitting at levels the province hasn’t seen in more than two decades. There were just 2,847 active residential listings across Newfoundland and Labrador at the end of August 2026, according to the latest data from the Canadian Real…
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Calgary’s Record-Breaking Home Construction Is Actually Shrinking Its Housing Shortage
Calgary has spent the past several years building homes at a record pace, and new data suggests all that construction is actually making a measurable difference. According to the Canada Mortgage and Housing Corporation’s Fall 2026 Housing Supply Report, Calgary is one of the few major Canadian housing markets where the estimated housing supply gap…
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Canadian Household Wealth Just Hit $19.1 Trillion, But Most Financial Assets Are Owned By The Richest 20%
Canadian households are collectively wealthier than ever, but new data shows those gains are far from evenly distributed. Household net worth in Canada climbed to a record $19.1 trillion in the second quarter of 2026, according to new Statistics Canada data released September 11. That was a 2.9% increase in just three months, driven largely…
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The 5 Most Expensive Homes For Sale In Toronto Right Now
Toronto’s luxury real estate market has some seriously jaw-dropping listings right now, including sprawling Bridle Path estates, a Casa Loma mansion and one property asking nearly $50 million. As of September 23, 2026, current listing data shows several Toronto homes asking more than $20 million, with the most expensive residential listing priced at a staggering…
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Edmonton Is The Only Major Canadian City Without A Housing Supply Shortage
Canada may be struggling with a massive housing shortage, but one major city appears to be bucking the trend. Edmonton is currently the only large Canadian housing market with no measurable housing supply gap, according to the Canada Mortgage and Housing Corporation’s new Fall 2026 Housing Supply Report. CMHC says housing construction in Edmonton has…
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These Ontario Housing Markets Have Seen Some Of Canada’s Biggest Price Drops
Home prices are still falling across several Ontario housing markets, and some cities are now seeing among the biggest year-over-year price declines in Canada. New data from the Teranet-National Bank House Price Index shows home prices fell from a year earlier in several major Ontario markets in August 2026, with declines approaching 9% in some…
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Ottawa Condo Construction Just Fell 49% As Developers Shift To Rentals
Ottawa’s new housing market is undergoing a major shift as condominium construction falls sharply and purpose-built rental apartments take over a growing share of development. According to the Canada Mortgage and Housing Corporation’s Fall 2026 Housing Supply Report, Ottawa condominium apartment starts fell 49% year over year. At the same time, purpose-built rentals now account…
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Ontario Home Sales Just Fell To Their Lowest August Level In 25 Years
Ontario’s housing market just recorded its slowest August for home sales in a quarter century. Only 13,620 homes changed hands across Ontario in August 2026, according to the latest statistics from the Canadian Real Estate Association and Ontario Real Estate Association. That was a 6% decline compared with August 2025 and the lowest number of…
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More Canadians Are Choosing Variable Mortgages Again As Rate Uncertainty Grows
Canadian mortgage borrowers are increasingly turning back to variable-rate mortgages and shorter fixed terms after several years of major interest rate volatility. A new Canada Mortgage and Housing Corporation analysis published September 8 shows that variable-rate mortgages have regained a significant share of new mortgage originations. During the first quarter of 2026, variable rates accounted…
