2026

Toronto Affordability vs the Early 1980s | Sivage Sivagumaran, CPA | How to Find the Best Real Estate Agent in Toronto?

Toronto buyers faced a steeper hurdle than many parents remember: lower mortgage rates did not cancel out far larger home prices and much heavier debt. Early-1980s buyers endured brutal but temporary rates, while Toronto buyers were shouldering structurally larger loans tied to homes costing ~12 times income. Saving for a Toronto down payment had stretched into a...

Toronto Housing Market Moves Toward Balance | Sivage Sivagumaran, How to Find the Best Real Estate Agent in Toronto

In Early-Q3, Toronto sales ↓~1% yearly to ~6K transactions, while new listings ↓~18% to ~14.5K, narrowing the gap between supply and demand. On a seasonally adjusted basis, Toronto sales increased from Late-Q2 while listings declined, and the avg. selling price settled near $1M, ↓~5% yearly. A balanced market means neither side clearly leads: homes sell...

The GTA real estate market gains momentum as June closes

The Greater Toronto Area real estate market shows increased activity with decreased new supply, leading to potential competition in some areas. Prices remain below last year in several segments, especially condominiums, offering opportunities for buyers. Sellers should prepare properties carefully, set realistic prices, and highlight value to attract buyers. The market is selective, favoring those who...

What First-Time Buyers Overlook in Condos | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto condos >70% of new housing; avg. price near $700K; competition high. Layout beats size: 550 sq-ft can feel bigger than 650 sq-ft. Maintenance fees rise; some Toronto buildings saw >10% increases over a few yr. Low reserve funds raise special-assessment risk; management quality shapes daily living. Visit multiple times; check noise, micro-location,...

York Region: Home Prices Ease in June 2026 | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

York Region's avg. home price reached $1.17M in Late-Q2 2026, edging down <1% from Mid-Q2 while 1.3K homes sold after 29 days avg. Market activity stayed busy with 5.3K active listings by Late-Q2 close. Detached homes led sales at 693, averaging $1.49M after 27 days. Semi-detached homes averaged $964K in Late-Q2, ↓~6% MoM. Attached homes averaged $974K,...

Happy Long Weekend! | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

The Civic Long Weekend is that magical time when emails mysteriously stop being urgent and everyone suddenly becomes an outdoor enthusiast with barbecue ambitions. It’s the official season of “quick getaway” plans that somehow involve more traffic than the entire workweek combined, plus snacks bought in emergency bulk. Parks, beaches, and backyards...

Condo sales outpace other Toronto housing types

Condominium apartments led the Greater Toronto Area's sales rebound in June with a 14.3% year-over-year increase, despite posting the steepest price decline among housing types. Average condo prices fell 9.5% to $630,688, with larger drops in the 905 region. Sales gains occurred amid a 12.9% drop in new listings, tightening market conditions. Price declines have slowed recently and may stabilize or...

Greater Toronto Sees 9% Jump in Home Sales This June

Greater Toronto experienced a notable surge in real estate activity in June 2026, with home sales rising 9% year-over-year. This uptick signals renewed buyer confidence and increased market movement. For both buyers and sellers, this momentum creates fresh opportunities in the region. Continue to full...

Home sales are up 9.4% from last year in Toronto, here’s what this means for buyers

Toronto home sales rose 9.4% year-over-year in June, while new listings fell 12.9%, indicating a tightening market after two slow years. Lower prices, stable interest rates, and improved consumer confidence are encouraging buyers. Despite increased sales, inventory remains high, giving buyers negotiating power. Competition is expected to grow, potentially leading to price increases next spring. Sellers...

Toronto Detached Sales Are Rising in Pockets | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto detached homes regained momentum in Late-Q2, as listing views, showings and offers picked up after a slower-than-usual market start this year. Detached homes priced from $850K to $1.2M drew the strongest competition in Toronto, with some properties still attracting multiple offers from buyers. The market stayed healthy from $1.8M to $2.2M, while homes...

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