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Toronto and Montreal's new housing numbers race in opposite directions

Multifamily construction starts in Toronto slipped by 71% in July, as Montreal rose by 241%
Aerial view of the skyline of Toronto. (Marcus Oleniuk/CoStar)
Aerial view of the skyline of Toronto. (Marcus Oleniuk/CoStar)
CoStar News
August 20, 2025 | 9:52 P.M.

The pace of multifamily housing construction starts in Canada’s two largest cities trended in opposite directions according to the latest Canada Mortgage and Housing Corp. data for July.

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