Past few yr, Toronto real estate faced uncertainty, not just pricing pressure.
Rates jumped after early 2022; borrowing costs stayed far above pandemic lows.
Inventory MoM ↓ to ~4.7; new listings lower yearly, easing post-correction rush.
Affordability still hurts, but clearer expectations can shift buyers from waiting to planning.
More Ontario housing policy support aims to rebuild confidence among households and builders.
Leaders stress certainty; market psychology ties to policy consistency, jobs, trade, confidence.
CMHC says development charge cuts could boost housing starts 14%
Scrapping municipal development charges could boost housing starts by up to 14% in expensive Canadian markets like Burnaby, Vancouver, and Toronto. Reducing or eliminating these fees makes more construction projects financially viable, especially in high-cost...
