Tag: Ontario housing affordability
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Only 53 New Condo Units Sold in Toronto in September 2025

Toronto’s condo market hit record lows in September 2025 with only 53 new units sold. BILD data shows GTA new home sales down 44% year-over-year.
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Ontario Announces Major HST Rebate for First-Time Home Buyers

Ontario is introducing a new rebate to cover the full 8% provincial portion of the HST for first-time home buyers purchasing new homes up to $1 million. Combined with federal measures, buyers could save up to $130,000.
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1 in 5 Toronto Renters Spend Over Half Their Income on Rent, According to a New Report

Toronto’s housing market crisis is not limited to soaring home values that price residents out of ownership; renting is also becoming increasingly unaffordable. A recent report by Royal LePage reveals that nearly one in five Toronto renters now spend more than half of their monthly income on rent, highlighting the severity of the city’s affordability…