Ontario has hit 26% of its 2025 housing target to date as slump continues

Global NewsTuesday, September 16, 2025 at 8:11:44 PM
Ontario has hit 26% of its 2025 housing target to date as slump continues
Ontario is facing challenges in meeting its housing goals, with only 26% of its 2025 target achieved so far. Recent data from the Canada Mortgage and Housing Corporation shows a concerning decline in new home construction, with just 5,149 homes started in August, marking a 4% drop from last year. This trend raises alarms about the province's ability to provide adequate housing in the future, impacting affordability and availability for residents.
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