In 2025, 73% of Toronto housing starts were City-led or City-supported.
Private builders slowed after home prices ↓ 25%, reflecting normal market cycle dynamics.
Reducing development charges may help, but won’t trigger large housing start increases.
Long-term strategy should focus on balanced, resilient, and affordable housing supply.
The 2022 housing bubble, not taxes, caused the current slowdown in Toronto construction.
September 2, 2026
Toronto Affordability Gains in Q2 2026 | Reach out to me for buying or selling. First time? Call for a FREE consultation.
In Late-Q2 2026, Toronto saw one of the strongest affordability gains as falling home prices, not easier financing, became the main driver. Toronto recorded a ~2.5-point affordability improvement after its representative home price fell ~4%...