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Randall Denley: Ford needs to lower housing prices fast and stop Ontario’s homebuilding ‘inferno’
['Randall Denley']
National Post
Article contentNew home sales in the GTA last year were the worst on record, BILD says.
In December, only 240 new homes were sold, 82 per cent below the 10-year average.
For the whole year, only 5,300 new builds were sold in the GTA, the lowest total in 45 years of record keeping.
The poor result in 2025 compounds the effects of a bad 2024.
There are nearly 21,000 homes built, but not sold.