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...

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...

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...

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...

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...

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...

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...

Toronto helped lead recent affordability improvement as weaker home prices eased buyer pressure, especially in condos, though the city still remained among Canada’s toughest markets. Sharply lower condo prices in Toronto rolled back much of the pandemic-era affordability damage, bringing condo values nearly back to their Late-Q4 2019 level. Even after that...

Nearly half of Canadians planning to buy within 2 yr said now was the right time, even as ~three-quarters said economic uncertainty made them cautious. Optimism centered on affordability: ~six in 10 expected lower prices to help them buy, and just over half said interest rates supported that view. More than half believed the window was small before prices climbed...

Bidding competition in the Greater Toronto Area resale market softened in May, with only 7% of neighborhoods overbidding, down from 13% in April. Most homes sold below asking price, indicating a buyer-friendly market. Overbidding for single-family homes dropped from 21% to 12%, while condo overbidding remained low. Some buyers may be shifting focus to pre-construction homes due to a new HST rebate on new...