Ontario Housing Starts Near 20-Year Lows: How Shrinking New-Build Supply Could Punish First-Time Buyers And Families Waiting For Pre-Construction Homes

Ontario Housing Starts Near 20-Year Lows: How Shrinking New-Build Supply Could Punish First-Time Buyers And Families Waiting For Pre-Construction Homes

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CMHC’s 2026 Housing Market Outlook projects Ontario housing starts falling to near two-decade lows, driven largely by very weak condo pre-construction sales. In Toronto, developers are struggling to launch new projects because condo pre-construction sales plunged to multi-decade lows in 2025, choking off future supply. That means fewer new homes, longer waits, and more bidding wars ahead for first-time buyers and families counting on new construction to get into the market. When you message me, I help you compare resale versus pre-construction options and structure your approvals so you don’t miss rare opportunities in a shrinking inventory environment.

Source: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/housing-market/housing-supply-report

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