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...
Toronto housing starts ↓10% yearly versus the previous year, a clear sign construction activity moderated in the city's larger urban market during current tracking. Toronto was tracking 37 building permits tied to 6.6K condominium apartment units where construction had not yet begun in the current pipeline. The agency said some pending projects could still...
The average home price in Richmond Hill was $1.22 million in July 2026, down 1.5% from June and 7.8% from July 2025. Sales dropped 10.8% with 182 homes sold, and active listings fell 17.3% to 972. Detached houses averaged $1.57 million, semi-detached $1.08 million, attached $1.04 million, townhouse-style condos $753,914, and apartment-style condos $576,467. Prices rose about 10.3% since July...
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