Greater Toronto Area (GTA) resale housing market conditions tightened in July 2026 compared the same month a year earlier. Home sales edged slightly lower over that period, while new listings were down substantially. This suggests that active homebuyers faced more competition from other potential purchasers. If this trend continues, average selling prices could level off in the second half of this year.

The number of Canadian bank mortgages at least 90 days past due reached the highest count in more than a decade.

Statistics Canada data puts Q2 growth on track to outpace the central bank's own projections