Market Insights

From Urban Toronto – Fourteen planning approvals adopted or advanced by Toronto City Council in June, 2026 span major waterfront redevelopments, purpose-built rental housing, condominium towers, and neighbourhood intensification projects across the city. The zoning and Official Plan approvals account for 8,665 residential units, including 584 affordable rental homes.

From Ontario Newsroom – The Ontario government is investing up to $178 million through the Building Ontario Fund (BOF) to support the construction of approximately 1,700 new rental homes, including a target of 340 affordable units with below-market rents, in Scarborough. Located on underused land near the Scarborough GO Station, the project will form part of the new Scarborough Junction, a transit-connected community expected to include 7,700 homes along with parks, public spaces and community amenities, including convenient access to the adjacent GO transit network.

From RENX.ca – There was a heavy emphasis on multiresidential projects when five experts weighed in on whether land buyers and sellers in Canada are starting to better align and where they see things moving forward during the first panel discussion at the May 27 Land & Development conference.

From Storeys.com – The GTA housing market logged a mixed April, with home sales rising 7% year-over-year as new listings pulled back — a combination that suggests tighter conditions are beginning to take hold this spring.

Average prices dipped again, but early signs of month-over-month stabilization may give fence-sitters something to think about.

From RENX.ca – reater Toronto Area (GTA) multifamily sales got off to a rousing start this year, as transaction volume rose to $569 million across 20 trades in the first quarter, a 228.7 per cent year-over-year increase. The number of units sold increased to 1,934, up 248.5 per cent.

From Altus Group – Based on data from Altus Data Studio, the Greater Toronto Area (GTA) commercial real estate market recorded a modest 3% decrease year-over-year in investment volume, with $3.8 billion. This slow growth was largely attributed to a notable pullback in retail investment activity, a direct result of limited available inventory in high-demand, popular retail corridors. Beyond supply constraints, market performance was further influenced by a cautious investor sentiment.