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Ontario Housing Crisis: 40% Drop in Construction and Sales

9/24/2025

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Summary

Story summary

In 2025, housing construction across Ontario fell 40% in 34 municipalities.
Pre-construction condo sales dropped 89%; ground-oriented home sales fell 70%.
In Toronto, starts fell 58% and sales 91%, with over 10,000 jobs at risk.
22 municipalities earned an F; only a few scored C or higher, and experts warn that Ontario's ambitious targets require policy action.

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Story summary

In 2025, housing construction across Ontario fell 40% in 34 municipalities.
Pre-construction condo sales dropped 89%; ground-oriented home sales fell 70%.
In Toronto, starts fell 58% and sales 91%, with over 10,000 jobs at risk.
22 municipalities earned an F; only a few scored C or higher, and experts warn that Ontario's ambitious targets require policy action.