Pre-construction · October 16, 2026

CMHC releases September housing starts

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.

Stacked townhouses in northwest Oakville

Photo: Luka0188, CC BY-SA 4.0, via Wikimedia Commons. Illustrative: it does not show the property or event described.

Source: CMHC (release schedule stated in its August 2026 release) ↗

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.

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Oakville Town Square with its street clock, flags and brick buildings on a sunny day

Rates & policy · October 22, 2026Bank of Canada increasingly expected to raise interest rates this monthCBC reports that markets now price a quarter-point Bank of Canada hike on 28 October as likely, and that several major bank economists have moved from expecting a hold to expecting a hike. It pairs that with weak buyer demand: CREA has cut its 2026 sales forecast again, and an analyst quoted calls national sales volume a 25-year low.CBC News

The lighthouse-style building at Bronte Harbour, Oakville, with boats behind it

Market data · October 16, 2026CREA quarterly forecast updateCREA’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.CREA

A courtyard and lawn beside brick apartment buildings in downtown Oakville

Resale · October 8, 2026GTA bidding competition edges up, but sellers are still waitingBidding activity ticked up in the GTA, but not enough to shift the balance back toward sellers.Canadian Mortgage Professional

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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CMHC releases September housing starts

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