Homes under $500K make up nearly 25% of Ontario real estate market: report (opens original article in a new tab)

A report shows homes valued under $500,000 now make up 24% of Ontario's real estate market, with condominiums driving the increase while other housing types remain less affordable.

• Homes under $500K make up 24% of Ontario's real estate market, up from 17% in 2022
• Condominiums account for 46% of homes under $500K in 2026, up from 24% in 2022
• Townhouses and semi-detached homes have seen significant declines in the percentage of units under $500K since 2016