2026

Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth

Ontario's ambitious plan to build 1.5 million new homes by 2031 could fall short by more than 550,000—largely because current zoning and building code regulations haven’t kept pace with our region’s growth. As someone who’s spent decades navigating Toronto’s real estate landscape, I see firsthand how outdated rules add unnecessary costs and delays, making it tougher for families,...

Industry Updates: Single-Family Sales Rise, Resale Supply Tightens, Cultural Programming Expands

Keeping you informed on the latest shifts in Greater Toronto Area real estate: single-family home sales have increased, thanks in part to the expanded HST rebate. Meanwhile, condo sales remain soft, and we’re seeing a tighter supply in the resale market—which could mean upward pressure on prices. Housing starts dipped slightly, while Toronto is piloting AI technology to streamline building permits....

Small-Scale Infill Is (Finally) Showing Up In Toronto’s Housing Data

Toronto’s housing landscape is evolving, and the numbers are starting to tell the story. Small-scale infill developments—think accessory dwelling units and multiplexes—now account for about 10% of all housing starts across Canada. This shift has been fueled by zoning reforms, as cities like Toronto adapt to changing needs and offset the drop in single-detached home construction. For those...

Toronto Housing Market Sharply Reverses | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s housing market is making headlines with a sharp reversal, and as someone who brings both a CPA’s financial lens and a real estate broker’s market insight, I want to break down what this means for buyers, sellers, and investors across the GTA. Inflation-adjusted home prices have dropped about 10% year-over-year—the steepest reset among major cities...

Toronto – Most Affordable Homes of September 2026 | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Navigating Toronto’s real estate market doesn’t have to feel overwhelming—especially when financial clarity is your guiding principle. Every month, I keep a close eye on value opportunities for buyers across the GTA, and September 2026 stands out for those seeking the city’s most affordable homes. Here’s a snapshot of the 15 lowest-priced listings this...

Toronto Affordability Gains Are Tapering | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s affordability landscape is seeing nuanced changes this quarter. The aggregate affordability measure dipped by about 1 point to roughly 64% across all housing types in Q2, putting Toronto among the least affordable markets tracked. Much of this modest improvement is thanks to income growth, while home prices are showing early signs of...

Home affordability finds its footing, but rising rates could change that

As a real estate broker and CPA serving Toronto and the GTA, I’m always tracking the numbers that matter for homebuyers and investors. In August, Canada’s average five-year fixed mortgage rate inched up to 4.55%. The good news? This shift had minimal impact on monthly payments so far. What’s really making a difference in affordability is the drop in home prices—especially in Toronto, Vancouver,...

York Region home prices jump 2.9 per cent to $1.18 million in August 2026

York Region’s real estate market continues to move, with the average home price reaching $1.18 million in August 2026—a 2.9% increase from July, though still 0.4% lower than the same time last year. Detached homes led the way, climbing 3.9% month-over-month, even as most other property types softened. As a CPA and real estate broker serving Toronto and the GTA, I always analyze these shifts with a...

‘Temporary detour, not a derailment’: RBC on latest market slowdown

August brought a slight cooling to Canada’s housing market, with home resales dipping by 0.7%. Across the GTA, I’m seeing the same mixed patterns—some neighbourhoods holding steady, others adjusting in price or activity. What stands out this month is the pressure facing buyers who are up for mortgage renewals, often at higher payments than before. Still, inventory remains balanced and borrowing...

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