Single-Detached Housing Starts in Jan–Aug: 260 units, ↓ 14% yearly
All Others Housing Starts in Jan–Aug: 426 units, ↓ 62% yearly
Total Housing Starts in Jan–Aug: 686 units, ↓ 52% yearly
Canada Total Housing Starts in Aug: 3,806 units, ↓ 10% yearly
Canada Total Housing Starts in Jan–Aug: 156,283 units, ↑ 4% yearly
February 26, 2026
Toronto Housing Hits Five-Year Reset
Toronto’s average home price dipped to $973,289, falling 6.5% year-over-year, first sub-$1M since 2020. Pandemic-era price growth is gone, pushing Canada’s priciest markets back to late-2020 levels. Mortgage stress is rising as renewals hit higher...