Global Real Estate Intelligence
UrbanationReport

Two-Thirds of Rental Buildings Offering Incentives in Q2

Among GTHA purpose-built rental projects completed since 2000, a 65 percent share offered incentives to renters in the second quarter of 2025, up from 36 percent a year earlier. The data signals softening rental conditions amid new supply.

MultifamilyTorontoOntario
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Nearly 10,000 GTHA Rentals Started Construction in 2025

A total of 9,821 purpose-built rental units started construction in the GTHA in 2025, a 42 percent increase over 2024 and the highest annual total since the 1970s. Purpose-built rental completions reached a more than 40-year high of 6,379 units.

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Commercial and Multifamily Mortgage Debt Outstanding Crosses $5 Trillion in First-Quarter 2026

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