2026

Happy Nowruz | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Searching for a Top Rated Real Estate Agent in Toronto & GTA?

Nowruz is a 3,000-year-old festival, making it one of the oldest in the world. Haft-Sin is a Nowruz table, featuring 7 symbolic items, all beginning with "sin" and representing different aspects of life. Nowruz celebrated by over 300M worldwide, including Iran, Afghanistan, Tajikistan, Uzbekistan, Azerbaijan, and many more. Nowruz is a time for...

Toronto Condo Market Faces Another Slump | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Searching for a Top Rated Real Estate Agent in Toronto & GTA?

Average condo price now $626,650, down from just under $800,000 four years ago. GTA condo sales last month ↓ to 1,088, more than 60% lower than four years earlier. In $700K-$800K range, sales went from 784 in Feb 2022 to 88 in Feb 2026.  Preconstruction buyers may owe up to hundreds of thousands if appraisals come in low; some walk away, face...

Toronto New Home Market 2026: GTA Real Estate Prices, Condo Market Trends & Best Investments

Toronto's 2026 new home market sees condo sales at 1990s lows, project delays, and oversupply, while low-rise homes remain more stable. Average home prices are around $1 million. Growth areas include Scarborough, Port Lands, Vaughan, Mississauga, and Etobicoke. Buyers are advised to choose financially stable developers and be cautious of appraisal gaps, assignment sale issues, mortgage shocks, and...

Home Prices Doubling? GTA 20-Year Forecast | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Searching for a Top Rated Real Estate Agent in Toronto & GTA?

Toronto’s condo boom collapses—rentals and purpose-built homes are taking over fast. Government perks + CMHC loans make small and medium rental projects insanely profitable. GTA home prices could double or more by 2046 if 2–4% annual growth continues. Prime GTA market now—invest, save big, build generational wealth easily....

Why Toronto Feels Different in 2026

Toronto in 2026 shows a shift from rapid growth to steady integration, with construction maturing and transit reshaping neighborhoods. Hybrid work redistributes activity beyond the financial core, while tech industries are fully embedded. Immigration continues to add economic and cultural layers. Housing affordability challenges foster pragmatic lifestyles. Public spaces and transit focus on access and...

Understanding Closing Costs: A Guide for First-Time Home Buyers

Buying your first home involves more than just the purchase price; closing costs are significant additional expenses. These costs typically range from 2% to 4% of the home's price and include land transfer taxes, legal fees, title insurance, home inspection fees, appraisal fees, adjustment costs, and moving expenses. First-time buyers should budget accordingly, considering potential rebates and...

نمو سوق البناء في كندا: الحجم والاتجاهات والتوقعات حتى 2034

يُقدّر حجم سوق البناء في كندا بـ 280.30 مليار دولار أمريكي في عام 2025، ومن المتوقع أن يصل إلى 430.98 مليار دولار أمريكي بحلول عام 2034 بمعدل نمو سنوي مركب يبلغ 4.70%. ويقود النمو تحديث البنية التحتية، وزيادة الطلب السكني، وتوسع القطاع...

Toronto Rents Reach 4-Year Low | Sivage Sivagumaran, CPA | https://sivagerealty.ca | Searching for a Top Rated Real Estate Agent in Toronto & GTA?

Early 2026 avg asking rent: 1-bedroom $2,183; 2-bedroom $2,801, the city’s lowest averages in 4 years. Canada’s avg asking rent fell 16 straight months to $2,057, a 31-month low. Experts cite more condo supply: newly completed projects and investors renting pre-construction units instead of selling. Tenants gaining leverage: lower rates, 1 month free rent,...

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