10/01/2026
How can both things be true?
Because todayâs housing market and tomorrowâs housing supply are two different things.
One of the more interesting takeaways from RESCONâs recent Housing Summit was just how sharply new construction has slowed.
Toronto-area housing starts were down 42% in 2025 compared with 2022, and the slowdown has continued into 2026. https://us.list-manage.com/XQTwetxgFh5?e=2229a497eb&c2id=dbae1da4280fc7b0f7f16b027dc8a9ad
For buyers today, more inventory, lower prices and less competition have improved affordability and created some genuine opportunities.
But when new projects donât make financial sense, they donât get built. And the homes we donât build today are the homes that wonât be available several years from now.
Which means we can actually have too many homes for sale todayâand not enough homes being built for tomorrow.
Thatâs the part of the current market I think is getting overlooked.