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Home ownership premium narrows further in Greater Toronto Area

Affordability pressures and changing work patterns reshape relative home values
A Queen's Quay West street car passes new condominium buildings in downtown Toronto (Getty Images)
A Queen's Quay West street car passes new condominium buildings in downtown Toronto (Getty Images)
CoStar Analytics
March 27, 2026 | 12:06 P.M.

The price premium for owning a home in the Greater Toronto Area relative to the rest of Ontario has narrowed meaningfully over the past decade.

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News | Home ownership premium narrows further in Greater Toronto Area