Toronto Housing Starts Near Three-Decade Low | MrHunter.ca

2025 Toronto pace: lowest since 1996, led by ↓ condo construction
Condo starts ↓60% YoY; rental-apartment starts ↓ 8% YoY
High costs, charges, and ↓ investor demand caused delays
National housing starts flat as Toronto, Vancouver declines offset other cities' growth
CMHC: Ongoing slowdown risks future supply, workforce, costs