The average selling price was down 7.1 per cent from February 2025 to $1,008,968, and the composite benchmark price was down 7.9 per cent year-over-year

In addition to higher mortgage costs, new homebuyers are also struggling with the cost of buying starter homes in today’s housing market, a new report shows.

The data indicates this January’s new home sales were down 36 per cent from last January and are 80 per cent below the 10-year average.

The Canadian Real Estate Association says home sales in January fell 16.2 per cent compared with a year earlier as southern Ontario was hit by a massive winter storm.

An Ontario real estate firm recently penalized by the industry’s regulator is disputing the 'unwarranted' sanctions placed against it.

Canada's housing market is expected to stay 'subdued' this year amid economic uncertainty stemming from the trade war and U.S. tariffs — with a recession still a possibility.

CMHC says it sees signs of financial stress among homeowners in Toronto and Vancouver, with missed mortgage payments projected to steadily increase. 

Ontario's real estate regulator has taken action against four brokerages over the alleged unlawful disbursing of funds from trust accounts.

Toronto's real estate association says it expects home price and sales weakness to persist for at least the first half of the year.

The Real Estate Council of Ontario announced the move Wednesday after declaring in October 2025 that agents could expect 50 per cent of their unpaid commissions .