October 2026

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...

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

Curious about Toronto’s most exclusive homes this September? Here’s a look at the top 15 highest-priced residences currently on the market, with listings ranging from $11,995,000 up to an impressive $22,500,000. As someone who’s passionate about helping clients make financially intelligent decisions—whether it’s luxury estates or smart investments—I...

Toronto Condo Supply Faces Tariff Exposure | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s condo market is facing a unique double challenge right now—both a slowdown in new construction and rising material costs driven by the ongoing trade conflict. According to recent federal data, fabricated metal prices jumped 2.1% last quarter, a significant concern for our city where many condo projects rely heavily on steel. Structural steel alone saw...

Ontario Micro-Condos Face Steep Depreciation | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Micro-condos in the GTA are facing notable depreciation, a trend that’s important for buyers, sellers, and investors to keep in mind. As of Mid-Q3 2026, the average home selling price in the GTA was $993,000—down about 3% from last year—highlighting a market that’s easing and presenting fresh opportunities for buyers ready to negotiate strategically. Condo...

GTA Homes More Affordable as Prices Dip Below $1M

August brought a slight shift in the GTA real estate landscape, with home sales dipping 2.1% year-over-year to 5,057 and average prices edging down 2.7% to $993,410. Benchmark prices also saw a 4.5% decrease. While this seasonal slowdown is typical for late summer, it’s notable that average prices have slipped below the $1 million mark—offering improved affordability for buyers weighing their next...

Richmond Hill Homes More Affordable at $1.21 Million

In August 2026, Richmond Hill’s average home price settled at $1.21 million—a 1.4% dip from July and 3.3% lower compared to last year. Detached homes bucked the overall trend with a 6.3% monthly increase, though they’re still down 1.5% year-over-year. Meanwhile, semi-detached homes slipped 3.3% month-over-month but are up an impressive 9.7% annually. These numbers highlight the nuanced shifts that...

GTA new single-family home sales surge 246% in July as Ontario’s expanded HST rebate drives buyers back to market

Remarkable momentum in the GTA: new single-family home sales jumped 246% in July, thanks in part to Ontario’s expanded HST rebate and builder incentives. Even with an 8.5% price drop, this renewed activity shows how strategic tax relief and smart financial planning can bring buyers back into the market. While new condo sales remain subdued—largely due to stricter rebate rules—there are still...

Can Toronto Finally Turn the Corner in 2027? | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

As we look ahead to 2027, Toronto’s real estate market stands at an important crossroads. After an extended period of correction, there’s no doubt that elevated listings continue to give buyers more negotiating room—an opportunity I always encourage my clients to assess with clear strategy and confidence. TD projects that Ontario’s housing market will...

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