Toronto Housing Starts Plunge 65% in March While Montreal Surges

Toronto’s housing market hit another speed bump in March, with new construction starts dropping a staggering 65% year-over-year, according to the latest report from the Canada Mortgage and Housing Corporation (CMHC). This sharp decline continues a trend that began last summer, reflecting challenges in affordability, financing, and developer confidence. At the national level, new housingContinue reading “Toronto Housing Starts Plunge 65% in March While Montreal Surges”