New data reveals a concerning trend in the GTA’s housing market. January 2026 saw a 15% drop in housing starts across Canada, signaling a potential slowdown in construction momentum. CMHC’s latest report points to a fourth consecutive monthly decline, raising concerns about future housing supply and affordability targets. While Vancouver saw a jump in starts, Toronto experienced a 2% slip due to weaker single-detached construction. Experts cite high construction costs, weaker demand, and rising inventories as factors constraining developer activity. With CMHC projecting housing starts to fall below the 10-year average through 2028, the GTA’s long-term supply gap looms large. Read the full article to understand the implications for GTA homebuyers and investors.
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