RATECORE data release
Ontario housing supply and new home prices
Two Statistics Canada series, read together: how many homes Ontario is starting, and what new homes are selling for. They are currently pointing in opposite directions.
Latest observation · July 2026
Housing starts
Total dwelling units started, monthly. Source: CMHC via Statistics Canada table 34-10-0143.
| Geography | Latest | Year over year |
|---|---|---|
| Toronto | 1,540 | — |
| Ontario excluding Toronto | 3,101 | — |
| Ontario | 4,641 | −26.3% |
| Canada | 18,834 | −18.6% |
New housing price index
Contractors' selling prices for new residential homes, indexed to 2016 = 100. Source: Statistics Canada table 18-10-0205.
| Geography | Latest | Year over year |
|---|---|---|
| Toronto | 105.8 | −4.6% |
| Ottawa-Gatineau, Ontario part | 161.5 | −0.5% |
| Hamilton | 107.9 | −3.3% |
| Oshawa | 112.9 | −5.0% |
| Kitchener-Cambridge-Waterloo | 151.0 | −2.6% |
| London | 136.9 | −1.7% |
| Windsor | 144.5 | −0.3% |
| St. Catharines-Niagara | 122.2 | −2.6% |
| Guelph | 119.1 | −1.3% |
| Ontario | 117.6 | −3.4% |
| Canada | 120.5 | −2.3% |
What it means if you are financing a home
A falling new housing price index matters most to two groups. If you bought a pre-construction home at a higher price, your lender will finance against the appraised value at closing, not the price on your purchase agreement — and a shortfall has to be covered in cash. If you are refinancing, the same index movement compresses the 80% loan-to-value ceiling that governs how much equity you can actually access.
Neither is a reason to panic, and both are reasons to get the appraisal question answered early rather than at closing. An index is a regional average; your property is not the average, and a lender-ordered appraisal is the only number that binds.
Methodology and sources
Housing starts are CMHC figures republished by Statistics Canada as table 34-10-0143. CMHC's own HMIP portal has no working public API, so the StatCan republication is the reproducible route to the same data. That table publishes Canada, the provinces and four large CMAs only — it has no Ontario CMA breakdown, which is why fewer geographies appear here than in the price index below.
New housing prices are Statistics Canada table 18-10-0205, the new housing price index. It tracks contractors' selling prices for new homes, so it is not a resale index and will not match MLS benchmark figures.
Year-over-year is computed against the same calendar month one year earlier, matched on the period label rather than a fixed offset in the series. Statistics Canada suppresses some datapoints for confidentiality, and those rows are absent from the response — an offset-based comparison silently misaligns when that happens.
Geographies are resolved by name against live cube metadata on every fetch, so a StatCan renumbering cannot quietly point a row at the wrong city.
Update frequency: this page refreshes every six hours and reflects the most recent Statistics Canada release. Both series are monthly and are typically published with a one to two month lag.
Reproduce these figures yourself: Statistics Canada Web Data Service. Data is used under the Statistics Canada Open Licence.
Cite as: RATECORE, “Ontario housing supply and new home prices”, July 2026 observation. https://ratecore.ca/data/ontario-housing/
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