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.
October 19, 2026
Toronto Affordability Gains Are Tapering | Reach out to me for buying or selling. First time? Call for a FREE consultation.
Toronto’s affordability landscape shifted slightly in Q2, with the overall measure dropping by about 1 point to around 64%—still positioning our city among the least affordable in the country. Most of the relief came from...