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…
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…
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…
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…
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…
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…
Toronto Homes Under $1 Million Are Becoming The Most Competitive
Finding a detached home for under $1 million in the Toronto area is still possible, but buyers looking in that price range may be facing some of the strongest competition in the market. New data from the Canadian Real Estate Association and Toronto Regional Real Estate Board shows that detached homes priced below $1 million…
What You Can Buy At Different Budgets Across Ontario Right Now
What does $500,000, $1 million or even $5 million actually buy you in Ontario? We looked at active listings currently on the market across the province to see how dramatically your options can change depending on budget and location. From townhouses and detached homes to waterfront properties, luxury condos and massive estates, here’s what different…
