Ontario Archives - Mortgage Rates & Mortgage Broker News in Canada

The construction of new housing in Markham, Ontario

Ontario housing starts at lowest level since 2009, financial watchdog says

June 11, 2025 No Comments

Ontario’s housing starts for the first quarter of this year were at the lowest levels since 2009, the province’s financial accountability officer said in a report Wednesday.

Ontario to table bill to speed up home building as 1.5M target not on track

May 12, 2025 1 Comment

Ontario’s housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn’t currently on track to meet its goal of getting 1.5 million homes built over 10 years.

CN Tower can be seen behind condos in Toronto's Liberty Village

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

April 13, 2025 No Comments

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand.

Greater Toronto home sales drop in March amid trade concerns: TRREB

April 3, 2025 No Comments

Home sales in the Greater Toronto Area fell 23.1% in March while more supply hit the market, helping bring down prices compared with a year ago.

Federal government promises $2.55B in low-cost loans to build Toronto rental homes

March 20, 2025 No Comments

The federal government is promising billions in low-cost financing to help build thousands of rental homes in Toronto, including more than a thousand affordable units.

Ontario Premier Doug Ford announces new cabinet with familiar names, few changes

March 19, 2025 No Comments

By Liam Casey and Allison Jones Ontario Premier Doug Ford named a new cabinet Wednesday with many familiar faces to tackle the challenges that a

Greater Toronto home sales down as mortgage costs, trade war weigh on buyers: board

March 5, 2025 No Comments

Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining “substantial” negotiating power.

Toronto home sales expected to rise 12% this year, but board says January saw drop

February 5, 2025 No Comments

The Toronto Regional Real Estate Board says it is forecasting a 12.4% increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

Minister of Housing, Infrastructure and Communities Nate Erskine-Smith

Housing Minister Erskine-Smith calls on Ontario to do more for social housing

January 23, 2025 No Comments

Federal Housing Minister Nate Erskine-Smith is calling on the Ontario government to do more to address social housing needs in the province.

Toronto’s proposed 2025 budget includes 6.9 per cent property tax increase

January 13, 2025 No Comments

The City of Toronto is proposing to increase property taxes by 6.9% this year to help fund its $18.8 billion operating budget for 2025.

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