
Rentals.ca and Urbanation say Canada's asking rents are already down 4.8% year over year, but tariff cost and job shocks still lie ahead — with Toronto and Vancouver's high-rise pipeline uniquely exposed.
Frank Lee · September 22, 2026

Statistics Canada's 2024 Canadian Housing Survey finds 23.2% of households spending 30%+ of income on shelter, up from 22.0% in 2022. Mortgage holders — not renters — drove the rise, with 36.2% reporting payment-related financial difficulty.
Frank Lee · September 21, 2026

Statistics Canada's July 2026 investment-in-building-construction release shows national spending up 1.2% to $23.6 billion, with Ontario hospital projects driving institutional gains while multi-unit residential investment fell 2.6%.
Frank Lee · September 21, 2026

August CREA sales were soft with listings up, NHPI stayed weak even as Toronto bounced monthly, and rate-hike talk returned. Here is the week's notable reporting for Ontario and the GTA — and where we land.
Frank Lee · September 18, 2026

Statistics Canada's August NHPI fell 0.1% month over month nationally and in Ontario (−3.4% y/y). Toronto's total index rose 0.2% m/m to 106.0 but remains 4.3% below August 2025 — with Oshawa still the softest large Ontario CMA at −5.6% y/y.
Frank Lee · September 17, 2026

CMHC's September 16 release shows the national six-month starts trend down 1.3% to 244,149 units, monthly SAAR flat at 229,046, and Ontario's trend off 7% — with Toronto's August actual starts down 45% year over year.
Frank Lee · September 16, 2026

CREA's September 15 release shows seasonally adjusted national home sales slipped just 0.7% in August — largely unchanged since May — while new listings jumped 3.3% and the MLS HPI held flat month over month.
Frank Lee · September 15, 2026

Statistics Canada's August CPI stayed at 3.0% year over year — same as July — while Ontario rose to 2.4% and national rent accelerated to 2.8%. Here's the read for GTA buyers ahead of the Bank of Canada's October 28 decision.
Frank Lee · September 14, 2026

CMHC's Fall 2026 Housing Supply Report (Sep 10) says Canada's national supply gap is broadly unchanged: starts must hit 417,000–469,000 a year by 2036 versus a 231,000 business-as-usual pace. Toronto's gap narrowed on softer prices, yet the city still needs roughly 20,000–26,000 more starts a year — and ownership construction remains exceptionally weak.
Frank Lee · September 13, 2026
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