Housing starts in much of southern Ontario down in first nine months of 2025: report
AI Article Summary
The Residential Construction Council of Ontario reports a significant decline in housing starts in the Greater Toronto Area and the Greater Golden Horseshoe region during the first nine months of 2025 compared to recent years. The University of Ottawa's Missing Middle Initiative, commissioned by the council, highlights this trend in a recent report.
What This Means for Canadian Contractors
For Canadian builders, this means a potential reduction in permits and funding allocations for new residential projects, impacting labor demand and supply chain logistics. The decline in housing starts highlights the need for innovative solutions and adaptations in the residential construction market. Additionally, contractors may face tightened timelines and increased competition for available projects.
