With builder confidence under pressure, industry leaders say homeownership needs a clearer federal plan, plus strategic provincial action on taxes and supply.
Recommended affordability levers include eliminating taxes on new homes, reducing development charges, and considering responsible mortgage stress-test changes for ownership access nationwide.
A $1.7B federal housing-cost injection was described as a positive step, with provinces urged to deploy funds effectively and avoid added market confusion.
Yet, 47% of builders laid off workers… meaning future housing supply is already being choked.
Fewer homes, tighter supply, rising pressure—smart buyers and investors move before the rebound, not when headlines catch up.
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%...