CMHC (release schedule stated in its August 2026 release)
CMHC says it will publish September starts on 16 October at 8:15 a.m. ET. August’s annualized pace was 229,046 units, barely changed from 229,360 in July, and CMHC expects the trend to keep drifting down toward year-end. Starts are the early signal for how many new homes reach the market in two to four years.
What it means: If starts keep falling while Urbanation shows record builder inventory today, the squeeze, if it comes, arrives later, not this winter.
A scheduled release, not a result yet. September 2025 was about 279,000, so a reading near August’s would be a clear year-over-year drop.
CREA’s quarterly forecast update is listed for Friday 16 October. Last year the national September sales figures came out in mid-October alongside it, so they may arrive together.
The date of the September sales report is not confirmed. Check crea.ca. This is a scheduled release, not a result.
GTA bidding competition edges up, but sellers are still waiting
Canadian Mortgage Professional · reported in CREA “Read All About It”, 8 Oct 2026
Bidding activity ticked up in the GTA, but not enough to shift the balance back toward sellers.
Toronto home prices fall to a six-year low, 28% below peak
Better Dwelling · reported in CREA “Read All About It”, 8 Oct 2026
A Better Dwelling analysis reports Toronto prices at a six-year low, 28% below their peak.
Different data sets measure “peak” differently; check which benchmark is used before comparing.
More GTA tenants are falling behind on rent
CBC Toronto · reported in CREA “Read All About It”, 8 Oct 2026
CBC reports rising rent arrears as housing costs outpace incomes, a point worth watching for anyone who owns or is considering a rental property.
Hopes for a fall housing recovery fade as September sales drop
Financial Post · reported in CREA “Read All About It”, 8 Oct 2026
Financial Post reports that expectations of a fall recovery faded as September sales declined.
Canadians continue moving to Alberta and B.C., and leaving Ontario
Better Dwelling · reported in CREA “Read All About It”, 8 Oct 2026
Interprovincial migration continues to favour Alberta and British Columbia over Ontario.
Housing markets are diverging across Canada’s largest cities
CTV News (citing RBC Economics) · reported in CREA “Read All About It”, 8 Oct 2026
An RBC Economics report says conditions now differ widely across Canada’s big markets, with trade tensions re-escalating last month. Greater Montréal is reported to be shifting toward buyers.
There were 5,040 sales across the GTA, down 9.0% from a year earlier. New listings fell faster, by 14.4% to 16,500. The average price was $1,006,409 (−5.1%) and the HPI Composite benchmark was down 4.7%. Townhouse sales fell furthest (−12.8%), then detached (−8.7%).
What it means: Listings are shrinking faster than sales. That cushions prices, but it also means fewer good homes to choose from.
Oakville sold 162 homes at an average of $1,365,169 (median $1,211,500), selling at 96% of list price in 32 days on average. With 1,073 active listings, that is 4.9 months of inventory, the loosest of the four Halton municipalities (Burlington 3.6, Milton 3.8, Halton Hills 4.1).
What it means: Oakville buyers have more room to negotiate than buyers in Burlington or Milton, where the same month looks tighter.
August sales were 5,057 (−2.1%) with new listings down 14.1%. TRREB’s view is that tighter supply and more competition between buyers could eventually push prices back up.
Prices were still lower year over year: the benchmark was down 4.5%.
Summaries are independently written; sources are credited and linked where a link exists. Not financial, mortgage, tax or legal advice. Not intended to solicit buyers or sellers currently under contract with another brokerage. Yovan Gabric, REALTOR®, Royal LePage Pinnacle, Brokerage, independently owned and operated. E. & O.E.
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