2026

Toronto Rebate Helps, Condos Still Lag | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto buyers are showing renewed interest where rebate math feels workable, but momentum has centered more on existing new condo inventory than fresh towers. In midtown Toronto, new condos near ~$1.5K per sq-ft compete with resale near ~$900, leaving many buyers feeling the resale math works better. Buyer confidence in Toronto pre-construction has been tested...

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

A current York Region affordability snapshot showed Georgina offered the most-affordable home purchase options by a wide margin among the municipalities tracked. For buyers focused on York Region, the clearest value signal was geographic: affordability varied, but Georgina stood apart from the rest locally. Using current York Region data from the comparison, the...

York Region Homes Remain Strong at $1.17M in June 2026

The average home price in York Region was $1.17 million in June 2026, down 0.6% from May and 5.8% from June 2025. Sales rose 21.5% to 1,289, with 5,302 active listings, down 11% year-over-year. Detached houses averaged $1.49 million, semi-detached $964,123, attached $974,420, townhouse condos $811,752, and apartment condos $587,584. Prices increased about 22% since June 2016 across all...

Toronto Appraisal Gaps Persist as Prices Fall | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto homebuying activity recently ↑9.4% yearly, extending three straight monthly gains, even as prices kept easing and appraisal pressure stayed elevated for buyers and refinancers. In Toronto, falling values have limited refinance equity for some owners, leaving brokers to supply stronger valuation support before lenders approve terms. On purchases, Toronto...

GTA Bidding Competition Nears Multi-Year Low | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

In Late-Q2, just 6% of GTA neighbourhoods with at least five resale deals were overbid, while 93% were underbid and 1% sold at asking. New GTA listings also weakened in Late-Q2, led by condo softness, creating conditions that could tighten supply and shift pricing later locally. Condos showed the weakest competition: among 123 GTA neighbourhoods with enough condo...

GTA Buyers Hold Strong Advantage | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

In Late-Q2, just 6% of GTA neighbourhoods with at least five resale deals were overbid, while 93% were underbid and 1% sold at asking. New GTA listings also weakened in Late-Q2, led by condo softness, creating conditions that could tighten supply and shift pricing later locally. Condos showed the weakest competition: among 123 GTA neighbourhoods with enough condo...

Sales are up and listings are shrinking. Is now the time to buy a home in Toronto?

Canadian home sales rose 5.5% month-over-month in May, marking the first significant increase this year. In the Greater Toronto Area, sales increased 6.3% year-over-year, while average home prices fell 4.6% to about $1.07 million. Buyers benefit from plentiful listings and lower prices, especially in Toronto's east, west, and central areas. However, rising sales and declining inventory may soon push...

أفضل معدلات الرهن العقاري في أونتاريو لعام 2026

يقترب متوسط سعر المنزل في أونتاريو من 850,000 دولار، ما يجعل معدلات الرهن العقاري عاملاً حاسماً. يقدم كبار المقرضين خيارات متنوعة: معدلات منخفضة للمنازل دون مليون دولار، وتشكيلة واسعة من الفترات، وبرامج للمستقلين والوافدين...

Richmond Hill home prices jump 2.9 per cent to $1.21 million in May 2026

The average home price in Richmond Hill was $1.21 million in May 2026, up 2.9% from April but down 18.2% from May 2025. There were 224 sales with 1,030 active listings. Detached houses averaged $1.57 million, down 11% monthly and 21.1% yearly. Semi-detached houses averaged $1.1 million, attached houses $1.06 million, townhouse-style condos $736,270, and apartment-style condos $569,611, all showing...

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

By Q1 2026, Toronto condo affordability had returned to 2019 levels as prices fell faster and incomes kept rising, improving conditions for sidelined buyers. Toronto households spent ~36% of pre-tax income on condo ownership in Q1 2026, down from ~39% in late 2019 but above the ~30% guideline. Recent Toronto sales showed some small downtown condos under 700 sq-ft...

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