September 2026

Toronto Home Prices Edge Lower | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s real estate market in Mid-Q3 showed a slight cooling, with home prices edging down just 0.1% month-over-month—a modest pause rather than any dramatic shift. Year-over-year, resale activity dipped by 2.1%, so we’re seeing sales volumes remain softer than last year, even as pricing itself held steady. For those navigating Toronto’s market—whether...

National Day for Truth and Reconciliation | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice...

Toronto Ranks 20th Worldwide | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s global standing in real estate remains strong—recently ranked 20th out of 1,000 cities worldwide in a 2026 index. This top-25 position reflects the city’s robust economy and deep pool of talent, both of which continue to fuel demand. Yet, as many clients and families I work with know firsthand, housing affordability is a real challenge. The same...

Toronto launches building permit application pre-check to speed up reviews

Toronto has just introduced an AI-powered pre-check tool for small residential building permit applications—a promising step for anyone planning renovations or new builds in our city. This pilot program, running for one year, gives applicants instant feedback on missing information and potential zoning or code issues, aiming to cut down on resubmissions and speed up the overall review process. For...

City of Toronto Launches AI Pre-Check with Clariti to Speed Up Housing Approvals

Exciting news for Toronto’s real estate landscape: the City of Toronto has just launched an AI-powered Building Permit Application Pre-Check, developed with Clariti. This new tool promises real-time feedback on missing documents and potential code issues, streamlining the process for residential permit approvals. It’s all part of the city’s ambitious goal to add 285,000 new homes by 2031. As...

Larger Toronto Condos Hold Value Better Than Smaller Units

As a Toronto & GTA real estate broker with both market and financial expertise, I’m always tracking how property values shift across segments. Recent data shows micro condos (under 500 sq ft) in the Greater Toronto Area have seen a 12.2% decline in value from 2020 to 2025—twice the rate of larger units, which dropped by 6.2%. By contrast, Vancouver’s micro condos actually climbed 4.9% in value...

In 10 Toronto Resales Fell Below Purchase Price | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

We're seeing a trend in Toronto: some homeowners who purchased at the peak are now facing resale values below what they originally paid. As a broker with a CPA background, I always encourage my clients to start with a clear assessment—ask yourself if selling right now is truly necessary. Sometimes, holding onto your property or considering strategic...

Toronto Home Prices Slip Below $1M | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto home prices have just dipped below the $1M mark, with the average sale price now around $993K—about 3% lower than this time last year. For many buyers, this shift opens up new opportunities for affordability, but the story doesn’t end there. Inventory has also tightened, as new listings dropped 14% year-over-year to roughly 12,100, leaving fewer choices...

Toronto Area Home Prices Dip Below $1 Million | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto area home prices recently dipped just under the $1 million mark, with the average sale price now around $993,000—about 3% lower than a year ago. For many buyers, this shift has opened a window for improved affordability, even as inventory tightened: new listings dropped roughly 14% to 12,100, and overall, fewer homes on the market meant less choice for...

Toronto Home Prices Offer More Affordable Options Again

August 2026 brought a notable shift in the GTA real estate landscape: the average home price dipped below $1 million for just the second time this year. Sales were down 2.1%, and prices slipped by 2.7%. Breaking it down by property type—detached homes averaged $1.29M, semis $932K, townhouses $787K, and condos $618K. Meanwhile, new listings saw a significant 14.1% decrease. For buyers, sellers, and...

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