09/13/2026
Toronto Starts Fall Short of Target
Toronto's housing starts have dipped 10% compared to last year—a signal that construction activity has slowed in our city’s core. As someone who’s spent over 15 years advising buyers, sellers, and investors across the GTA, I’m always watching these numbers closely. Currently, Toronto is tracking 37 building permits for about 6,600 condominium apartment units where shovels haven’t hit the ground yet. While this pullback may raise some eyebrows, it’s important to remember that many of these projects had their pre-sales well before today’s market cooled. Housing-start data often lags what’s really happening because of the long journey from planning to pre-sales, permits, and then actual construction. So, the headline numbers might not tell the full story—some of the condos in the pipeline could still break ground soon as projects move forward. For my clients, understanding these cycles is key to making informed decisions, and I’m committed to bringing clarity and strategy to every move in our market.
