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...
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...
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...
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 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 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...
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...
As a Toronto & GTA real estate broker with a CPA background, I know that first-time homebuyers face a maze of decisions. Navigating mortgage planning, property showings, negotiations, and closing can feel overwhelming without the right guidance. My approach combines financial intelligence and market insight to bring clarity and confidence to every step. With 20+ years in accounting, finance, and tax,...
Noticing a renewed buzz in the GTA’s low-rise new home market? The recent HST rebate program has played a key role, fueling buyer interest and making homeownership more accessible for many across our region. Builders have responded efficiently, launching a steady stream of new low-rise product—which has helped keep prices in check and ensured a balanced market...
Curious about Richmond Hill’s most affordable homes as we look ahead to August 2026? Here’s a quick look at the current listings, starting from $349,000 and moving up to $439,900. Whether you’re a first-time buyer, investor, or planning a strategic move for your family, understanding price points is key to making financially smart decisions. My approach...
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