May 2026

Sales up, listings down: April reports reveal tighter real-estate market for the Toronto area

April data shows a tighter Greater Toronto Area real estate market with a 7% year-over-year sales increase and a 9.3% drop in new listings. The sales-to-active-listings ratio indicates increased market tightness compared to last year. Overbidding rose to 13% of neighborhoods, while 84% saw underbidding. Despite a 4.9% decline in average home prices to $1,051,969, prices are expected to rise as the market...

الحكومتان الفيدرالية وأونتاريو تعلنان عن استثمار 8.8 مليار دولار لدعم البنية التحتية للإسكان

ستستثمر الحكومتان الفيدرالية وأونتاريو 4.4 مليار دولار لكل منهما على مدى عشر سنوات لدعم البنية التحتية للإسكان، بهدف خفض رسوم تطوير البلديات بنسبة تتراوح بين 30% و50% لمدة ثلاث سنوات في المدن ذات النمو المرتفع. تهدف هذه...

Toronto Condos Enter Balanced 2026 | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s condo market has shifted into a steadier rhythm, with more balance, slightly improved activity, and decisions focused on long-term value today. Higher inventory gives buyers more choice, more negotiating room, and greater comfort using conditional offers while comparing condos carefully before moving forward. Much available supply is smaller,...

Toronto Condos Enter Balanced 2026 | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Guide: How to Buy Your First Home in Toronto & GTA 🏠

Toronto’s condo market has shifted into a steadier rhythm, with more balance, slightly improved activity, and decisions focused on long-term value today. Higher inventory gives buyers more choice, more negotiating room, and greater comfort using conditional offers while comparing condos carefully before moving forward. Much available supply is smaller,...

Toronto Buyers See Prices Drop ~8% | Sivage How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto avg. home prices moved from ~$1.16M to ~$1.07M by Early-Q2 2026, giving prepared buyers more room to compare options and negotiate. Nationally, avg. home prices ↓~4% yearly, shifting from ~$809K to ~$777K and reinforcing a broader cooling trend across major Canadian markets overall. Price Shifts By Home Type Single-family: ↓~4% yearly Semi-detached:...

Ontario New Home HST Rebates Explained | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Baseline GST/HST rebates can still help eligible primary-residence buyers and rental investors, saving up to $24K in PST on homes $450K+ where eligible. For first-time buyers, the federal rebate fully refunds GST on new homes up to $1M, with partial refunds from $1M to $1.5M. First-time buyers get longer runway: federal eligibility began March 20, 2025, and...

Where to Buy Real Estate in Canada 2026: Greater Toronto Area

Top GTA real estate neighbourhoods for 2026 include Tansley (Burlington), Blackstock (Scugog), and Headon (Burlington), each offering strong value, economic stability, and unique lifestyles. The market has cooled from the 2021-22 frenzy, favoring well-priced, turnkey homes. First-time buyers now often enter via townhouses or semi-detached homes. Buyers have more time to negotiate, while freehold...

Will Toronto Prices Recover Soon? | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Guide: How to Buy Your First Home in Toronto & GTA 🏠

Prices expected to remain weak or decline in early 2026, especially in high-density segments, before stabilizing toward late-year recovery. Sales activity gradually rebounds from historically low levels, driven mainly by pent-up demand rather than strong economic expansion. Housing starts fall to near multi-decade lows, especially condos, limiting future supply but...

York Region Homes Average $1.13M | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Guide: How to Buy Your First Home in Toronto & GTA 🏠

In Early-Q2 2026, York Region’s avg. home price was $1.13M, with 994 sales and 29 avg. days on market for buyers tracking pace. Inventory offered selection: ~5K active listings across York Region at period-end, giving buyers more room to compare options before moving with confidence. Detached homes led pricing at $1.43M, while apartment-style condos averaged...

How to Calculate the HST Rebate on Your New Home Purchase

New homebuyers can benefit from enhanced GST/HST rebates reducing taxes on new homes. First-time buyers get a full GST refund on homes up to $1 million, with partial refunds up to $1.5 million, valid for contracts signed between March 2025 and 2031. Ontario plans to remove up to 100% of HST on homes up to $1 million for all buyers from April 2026 to March 2027. These rebates can save tens of thousands,...

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