Category: ontario
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Ontario Housing Forecast Cut Again as New Construction Slows
Ontario’s housing market is facing another setback. New projections released alongside the province’s latest budget show that homebuilding expectations have been revised downward once again, raising further doubts about whether Ontario can meet its ambitious housing targets. Housing Targets Continue to Slip Back in 2022, the provincial government pledged to build 1.5 million homes by…
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TD Just Slashed Its 2026 Canada Housing Forecast – Prices Now Expected to Fall
Canada’s housing outlook for 2026 has taken a sharp turn. A new report from TD Economics now expects both home sales and prices to decline this year, reversing earlier forecasts that called for a strong rebound. TD Now Expects Sales and Prices to Decline in 2026 TD Economics is forecasting a weaker housing market than previously expected,…
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Ontario Removes HST on New Homes for One Year in Major Housing Affordability Push
The Ontario government is introducing a major, time-limited tax break aimed at cooling affordability pressures and stimulating new home construction across the province. Premier Doug Ford announced that the province will temporarily eliminate the 13% Harmonized Sales Tax (HST) on new homes for eligible buyers over a one-year period, starting April 1, 2026. The move…
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Bank of Canada Warns the Next 5 Years Could Be Turbulent
Canada’s economic outlook is entering a new phase of uncertainty, and it could have direct implications for the housing market. In a recent address, Carolyn Rogers of the Bank of Canada warned that the country is facing long-term structural changes that will be difficult to manage and could reshape the economy for years to come.…
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Canadian Housing Market Facing Largest Correction Since the 1990s, Warns BMO
Canada’s housing market may be deeper into a downturn than many realize. According to new insights from BMO Capital Markets, the current correction is shaping up to be the largest since the 1990s, with little indication that conditions will improve in the near term. Even more concerning, when adjusted for inflation, home prices in Canada…
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Canada Is Building More Homes, But Why Does It Still Feel Impossible to Buy?
Canada’s housing supply is growing, and on the surface, that should be good news for buyers. More homes typically mean more options, more competition among sellers, and eventually more affordable prices. But the reality is more complicated. While new construction is increasing, much of the supply being added to the market is not what most…
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What You Can Buy In Toronto At Different Budgets Right Now
Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets currently buy across the city as of March 24, 2026. This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market. Click on the links to…
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Ontario Listings of the Week – March 23, 2026
Looking for standout Ontario homes for sale? These listings on Realtor.ca include a mix of luxury properties and affordable condos that are getting attention across the province right now. $375,000 – 789 FIFTH STREET Renfrew 🛏️ Bedrooms: 3🛁 Bathrooms: 2🔗 MLS link $419,900 – 205 – 3 DAYSPRING CIRCLEBrampton (Goreway Drive Corridor) 🛏️ Bedrooms: 1 🛁 Bathrooms: 1🔗 MLS link $599,900 – 53 EAST 21ST StreetHamilton…
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Canada Housing Market 2026: Are Rate Cuts Over? Mortgage Rates Could Rise 75 Basis Points
After months of optimism around falling interest rates, a new narrative is emerging across Canada’s housing market and it could catch buyers and homeowners off guard. Financial markets are now pricing in the possibility that the Bank of Canada may not only delay rate cuts, but could raise interest rates again in 2026. For a…
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Canada Needs 3.5 Million Homes – Why Backyard Suites May Be the Fastest Housing Solution
As Canada’s housing affordability crisis continues to strain households, urban planners and policymakers are increasingly turning their attention to one overlooked solution – secondary suites. Basement apartments, garden suites, and laneway homes could add thousands of new housing units across Canadian cities without requiring large-scale new developments or major infrastructure expansion. Housing experts say these…
Canada Housing Market 