Ontario & GTA Real Estate News, Market Data and Guides

    September New-Home Prices Fall 0.2% Nationally — Toronto Drops 0.9%, Now 4.9% Below Last Year
    Market News

    September New-Home Prices Fall 0.2% Nationally — Toronto Drops 0.9%, Now 4.9% Below Last Year

    Statistics Canada's September NHPI fell 0.2% month over month nationally and 0.5% in Ontario (−3.4% y/y). Toronto's total index dropped 0.9% to 105.0, reversing August's bounce and sitting 4.9% below September 2025, while Hamilton fell 1.2% and Ottawa and Oshawa rose 0.7%.

    Frank Lee · October 23, 2026

    The Latest

    August Building Investment Flat at $23.5B: Toronto School Projects Lift Ontario as Multi-Unit Spending Falls
    Market News

    August Building Investment Flat at $23.5B: Toronto School Projects Lift Ontario as Multi-Unit Spending Falls

    Statistics Canada's August 2026 investment-in-building-construction release shows national spending up just 0.1% to $23.5 billion, with Toronto-area school projects lifting Ontario's institutional total while Ontario led the decline in multi-unit residential investment.

    Frank Lee · October 21, 2026

    GTHA New Condo Sales Double to 760 in Q3 as Bulk Investors Buy Finished Units — Pre-Construction Falls 61%, Urbanation Says
    Market News

    GTHA New Condo Sales Double to 760 in Q3 as Bulk Investors Buy Finished Units — Pre-Construction Falls 61%, Urbanation Says

    Urbanation's Q3-2026 survey shows GTHA new condo sales doubled from a year ago to 760 units, with bulk investors taking 45% and completed buildings a record 85% of sales. Pre-construction sales fell 61% to 60 units, unsold inventory dipped for the first time in four years, and scheduled completions fall to 4,213 by 2029.

    Frank Lee · October 20, 2026

    Canada's Inflation Edges Up to 3.1% in September on Gasoline — Ontario at 2.5%, Shelter Up Just 1.8%
    Market News

    Canada's Inflation Edges Up to 3.1% in September on Gasoline — Ontario at 2.5%, Shelter Up Just 1.8%

    Statistics Canada says the CPI rose 3.1% year over year in September 2026, up from 3.0%, as gasoline jumped 27.8%. Excluding gasoline, inflation slowed to 2.2%, core measures eased, shelter rose 1.8%, rent held at 2.8%, and Ontario came in at 2.5% ahead of the Bank of Canada's October 28 decision.

    Frank Lee · October 19, 2026

    Toronto Housing Starts Fall 61% in September as Condo Starts Dry Up — Completions Double, and CREA Shows Ontario Prices Slipping
    Market News

    Toronto Housing Starts Fall 61% in September as Condo Starts Dry Up — Completions Double, and CREA Shows Ontario Prices Slipping

    CMHC says Toronto CMA builders started 1,440 homes in September 2026, down 61% from 3,678 a year earlier, as multi-unit starts fell 64%. Completions doubled to 4,766, and the same day CREA reported national sales down 2.3% with Ontario leading a 0.4% dip in benchmark prices.

    Frank Lee · October 16, 2026

    Canada Building Permits Rebound 8.8% in August as Multi-Unit Leads — Ontario Hits $5.1B, Toronto CMA Up 28% Year-Over-Year
    Market News

    Canada Building Permits Rebound 8.8% in August as Multi-Unit Leads — Ontario Hits $5.1B, Toronto CMA Up 28% Year-Over-Year

    Statistics Canada says national building permits rose 8.8% in August 2026 to $13.6 billion, led by multi-unit residential. Ontario climbed 9.4% to $5.1 billion, and the Toronto CMA edged up 3.8% month-over-month to $2.43 billion — still 28.4% above August 2025.

    Frank Lee · October 14, 2026

    This Week in GTA Real Estate: Listings Fall Faster Than Sales, Sub-$600K Condos, and a Fixed-Rate Squeeze
    Industry Insights

    This Week in GTA Real Estate: Listings Fall Faster Than Sales, Sub-$600K Condos, and a Fixed-Rate Squeeze

    New listings fell faster than sales in TRREB's September data, two-thirds of GTA condos sold under $600K, BMO lifted fixed rates again, and C.D. Howe warned of a renewal squeeze — set against a weaker September jobs report. Here is the week's notable reporting, and where we land.

    Frank Lee · October 9, 2026

    Toronto Rents Slip to $2,554 in September — Lowest for the Month Since 2021, but Three-Bedrooms Are Rising
    Market News

    Toronto Rents Slip to $2,554 in September — Lowest for the Month Since 2021, but Three-Bedrooms Are Rising

    The Rentals.ca and Urbanation September 2026 rent report puts Toronto apartment and condo asking rents at $2,554, down 1.4% year-over-year for a 32nd straight annual decline. Three-bedroom rents rose 1.8% to $3,586, Scarborough and Oakville fell more than 10%, and the report says a return to rent growth is getting closer.

    Frank Lee · October 8, 2026

    GTA September 2026: Sales Fall 9% as Buyers Wait — Benchmark Price Down 4.7%
    Market News

    GTA September 2026: Sales Fall 9% as Buyers Wait — Benchmark Price Down 4.7%

    TRREB's September Market Watch shows 5,040 GTA home sales (−9.0% YoY) and 16,500 new listings (−14.4%). The MLS® HPI Composite fell 4.65% to $917,600, York Region and the 905 condo market softened most, and Toronto semis were the one segment still gaining.

    Frank Lee · October 6, 2026

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