More Ontario homes selling at a loss, property title data show
Ontario's housing market is experiencing a significant increase in homes selling at a loss, with 36.6% of homes sold in 2025 that were purchased in 2022 recording losses. The rise in power of sale transactions has also surged, reaching the highest level since 2016. Economic challenges, including rising interest rates and inflation, are contributing to this turmoil in the real estate market.
- ▪In 2025, 36.6% of homes sold that were purchased in 2022 sold at a loss.
- ▪Power of sale transactions reached 2,979 in 2025, the highest since 2016.
- ▪The increase in homes selling at a loss is attributed to rising interest rates and economic challenges.
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Open this photo in gallery:Of the homes that sold in 2025 but were purchased in 2022 (at the peak of a decade-long run-up in prices), some 36.6 per cent sold at a loss.Fred Lum/the Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountReal estate sales data from Ontario show a growing share of homes sold for a loss in 2025, and the number of homes sold by lenders through power of sale continues to grow.In its annual overview of Ontario’s housing market, Teranet Inc., the private company that manages all registration of property titles in the province, found that few players in the real estate market have seen their fortunes improve since the Bank of Canada began raising interest rates in 2022, and that a growing share of homebuyers are falling…
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