Toronto New Home Sales Hit Four-Decade Low in January, Deepening Historic Slump
the deep dive [Unofficial]
February 25, 2026
New home sales in the Greater Toronto Area plunged to their lowest level since 1981 in January, extending a record-breaking downturn that industry groups say has now surpassed the 1990s real estate collapse in duration. Developers sold just 269 new homes across the GTA last month — down 36% from January 2025 and 80% below […]
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