SHOCKING: NOBODY Wants To Live in Toronto Anymore!

Canada Housing Report • February 3, 2026
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Canada Housing Report

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Welcome to Canada Housing Report, your trusted source for data-driven coverage of Canada’s evolving real estate market. We deliver clear, accessible insights on housing affordability, construction trends, market supply, and migration patterns shaping Canadian cities. LEGAL DISCLAIMER Canada Housing Report provides research-style commentary based on publicly available data, independent analysis, and personal interpretation. We are not licensed real estate agents, mortgage brokers, financial advisors, or appraisers. All information is for general informational and entertainment purposes only and should not be interpreted as professional advice. While every effort is made to ensure accuracy, data and market conditions change frequently, and no guarantee is made regarding completeness or reliability. No political bias, only facts and data. Before making any purchase, sale, investment, always consult with a qualified real estate professional, financial planner, or legal advisor familiar.

Video Description

🔥 FREE GUIDE: Avoid the 7 Critical Home Investment Mistakes destroying buyers right now: http://canadahousing.carrd.co Toronto home sales in 2025 hit their lowest level in 25 years — just 62,433 transactions — even as prices dropped and inventory rose. This video breaks down the official data behind one of Canada's most confusing housing markets. Using verified statistics from CMHC, Statistics Canada, TRREB, and independent research organizations, we examine what's actually happening in Toronto real estate right now. Average home prices remain above $1 million. Rent for a one-bedroom apartment averages $2,450 per month. And according to recent studies, you'd need to earn $44 per hour — more than double minimum wage — just to afford that apartment under standard budgeting rules. But the numbers only tell part of the story. This video explores the deeper forces reshaping Toronto's housing landscape: the mortgage renewal wave hitting 60% of Canadian mortgages in 2025-2026, the collapse in new condo construction to levels not seen since 1998, and the growing number of middle-income workers spending more than half their income on housing. We also look at migration patterns, examining why hundreds of thousands of people have left the Greater Toronto Area over the past decade, and what that means for the region's economic future. This is not a political video. There's no speculation or fear-mongering here — just a calm, data-driven look at the housing situation as it stands today. Whether you're a potential buyer, a current homeowner facing renewal, or simply trying to understand the market, this analysis gives you the full picture. If you found this helpful, leave a comment with your thoughts or questions. I read everything and try to respond. SOURCES & REFERENCES: TRREB 2025 Year-End Market Report https://trreb.ca/2025-ends-with-more-affordable-market-and-paves-the-way-for-year-of-recovery/ CMHC Housing Supply Report 2025 https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/housing-market/housing-supply-report Bank of Canada — Mortgage Renewal Analysis 2025 https://www.bankofcanada.ca/2025/07/staff-analytical-note-2025-21/ CivicAction — The Human Story of Workforce Housing https://civicaction.ca/news/torontos-housing-crisis-is-squeezing-out-the-workers-who-power-the-region/ Daily Bread Food Bank — Who's Hungry Report 2025 https://www.dailybread.ca/blog/4-1-million-food-bank-visits-reveal-record-depth-of-poverty-in-toronto/ Feed Ontario — 2025 Hunger Report https://www.cp24.com/local/toronto/2025/12/01/food-banks-are-breaking-under-the-weight-of-rising-poverty-in-ontario-new-report-says/ Zoocasa — Minimum Wage vs Rent Affordability 2025 https://www.zoocasa.com/blog/minimum-wage-2025-and-rent/ Canadian Centre for Policy Alternatives — Rental Wage Report https://www.bnnbloomberg.ca/business/real-estate/2025/09/04/this-is-how-much-you-need-to-make-to-afford-a-one-bedroom-apartment-in-toronto-now-according-to-a-new-report/ TD Economics — GTA Condo Market Outlook https://economics.td.com/ca-gta-condo-market-outlook liv.rent — Toronto Rent Report 2025 https://liv.rent/blog/rent-reports/may-2025-toronto-rent-report/ Canadian Mortgage Trends — Mortgage Renewal Analysis https://www.canadianmortgagetrends.com/2025/01/60-of-canadian-mortgage-renewals-to-face-higher-rates-by-2026-boc/ Every claim verified with primary sources. #realestate #realestatemarket #propertymarket For any questions or content inquiries, you can write to me at: [email protected] Disclaimer: We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.This video provides fact-based analysis without political bias—just economics, data, and real-world impact on families, developers, and the construction industry.

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