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Toronto Started Just 156 New Condo Units In First Half Of 2026: CMHC
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Toronto Started Just 156 New Condo Units In First Half Of 2026: CMHC
In the City of Toronto, developers broke ground on 156 condominium units in the first half of 2026, according to CMHC's new Fall 2026 Housing Supply Report. The decade average is roughly 7,000 units a year.Nationally, the report puts Canada's annual housing shortfall at 187,000 to 238,000 homes over the next decade — the gap between current construction pace and the 417,000 to 469,000 homes CMHC says are needed each year to restore 2019-level af…
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