New report indicates already-dire housing situation could get even worse

New report indicates already-dire housing situation could get even worse

Vaughan, Ont., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Given current and anticipated conditions, the already-dire state of new home starts and sales across...

‘Dark Time’ For Those Working In Residential Construction

Given current and anticipated conditions, the already-dire state of new home starts and sales across municipalities in the Greater Toronto Area (GTA) and Greater Golden Horseshoe (GGH) is going to get worse before it gets better, according to a comprehensive new report done for the Residential Construction Council of Ontario (RESCON). The analysis reveals that housing starts in the first nine months of 2025 are down substantially from the same p…