The dream of homeownership remains a cornerstone of the Canadian lifestyle, but for many in the Greater Toronto Area, the path to the front door is becoming increasingly obstructed. A new 2026 Housing Study from CPA Canada reveals a market in gridlock: 55% of homeowners intend to stay put, while 61% of those who do want to move have been effectively sidelined by current market conditions.
This lack of turnover is tightening the supply of entry-level housing, leaving first-time buyers with few options. Adding to the challenge is a persistent mismatch between supply and demand; while half of non-homeowners aspire to own single-family homes or townhouses, these property types represent only one-third of new construction. As ownership costs remain historically stretched, nearly 60% of buyers now rely on financial assistance to enter the market. For a deeper dive into these national trends and their impact on your local strategy, read the full report at MPA Mag.
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