The GTA housing market is showing clear signs of a tightening cycle as we head into mid-2026. According to the latest TRREB data, April saw a 7% year-over-year jump in sales activity, yet new listings plummeted by 9.3%. This inventory crunch comes alongside fresh polling from the CHBA, revealing a significant dip in public confidence regarding housing affordability.
On the policy front, the Ontario government is stepping in with expanded HST relief, offering rebates up to $80,000 for homes priced up to $1.5 million to help stimulate construction. As industry leaders from ULI Toronto and BILD gear up for a busy conference season, the focus remains squarely on supply-side solutions and reducing development barriers. Whether you are a prospective buyer or an industry professional, the interplay between tightening supply and shifting government incentives is the trend to watch this quarter. For a deeper dive into these updates, visit the full report at UrbanToronto.
Source: Read the original article
