October 2025 brought a notable shift in Canada’s real estate landscape: housing starts fell by 17% compared to September, according to new data from the Canada Mortgage and Housing Corporation (CMHC).
This decline was steeper than expected and was especially evident in high-density provinces like Ontario and British Columbia, where housing supply challenges are already significant.
While home sales have shown mild recovery in recent months, the sharp drop in new construction is a reminder that the market...


