Pre-construction · July 15, 2026

BILD: GTA new home sales in June, 52% below the 10-year average

1,175 new homes sold in June, up from the record low a year earlier but still about half the 10-year average. Remaining inventory was 18,888 units, and the new condo apartment benchmark was about $1.04 million.

A courtyard and lawn beside brick apartment buildings in downtown Oakville

Photo: Municipal Affairs and Housing, CC BY 2.0, via Wikimedia Commons. Illustrative: it does not show the property or event described.

Source: BILD / Altus, June 2026 (via Storeys) ↗

BILD counts all new homes; Urbanation counts condo apartments only. The totals are not comparable.

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Stacked townhouses in northwest Oakville

Pre-construction · October 16, 2026CMHC releases September housing startsCMHC 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.CMHC (release schedule stated in its August 2026 release)

Pre-construction · July 20, 2026New condo sales in the GTHA rose last quarter, but supply is thinning quicklyNew condo apartment sales rose about 52% year over year to 702 units, still roughly 86% below the 10-year Q2 average. The gain came from completed buildings (535 units, helped by bulk purchases and HST relief). Pre-construction sales fell about 80% to 50, and no new projects launched for a second quarter.Urbanation Q2 2026, as reported by CP24

Aerial view of Oakville’s harbour, downtown and the Lake Ontario shoreline

Pre-construction · July 20, 2026HST rebate timing risk for pre-construction buyersUrbanation notes that the proposed HST relief requires construction to start before 31 March 2027 and be substantially complete by 31 December 2029. A project that starts late may not qualify.Urbanation Q2 2026, as reported by MPA

Summaries are independently written; the source is 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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BILD: GTA new home sales in June, 52% below the 10-year average

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