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Is August a good time to buy a home in the GTA?

August brings an interesting opportunity for home buyers in the Greater Toronto Area. With sales activity up and inventory levels remaining high, I’m seeing more negotiating power for buyers—especially in the condo market. Stable interest rates are helping many plan their mortgages with more certainty. As always, it’s important to weigh affordability, location, property type, and your long-term...

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

Curious about the upper tier of Richmond Hill’s real estate market? Here’s a look at the most expensive homes listed in August 2026 — with prices ranging from $6.39M to an impressive $10.52M. For buyers, sellers, and investors eyeing the luxury segment, understanding these numbers is key to making financially sound decisions. My background as a CPA and two...

Toronto Edges Toward a Balanced Market | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto’s real estate market is showing clear signs of moving toward a more balanced environment. In Early-Q3, sales dipped by about 1% year-over-year to roughly 6,000 transactions, while new listings dropped a notable 18% to around 14,500. This narrowing gap between supply and demand is something I watch closely for my clients, as it signals a shift in...

برنامج الحوافز يؤتي ثماره: مبيعات المنازل في أونتاريو ترتفع بنسبة 130% بعد خصم ضريبة HST

شهدت مبيعات المنازل الجديدة في أونتاريو ارتفاعاً بنسبة 130% على أساس سنوي في الربع الثاني من عام 2026، بعد أن خفضت الحكومة الإقليمية ضريبة المبيعات الموحدة (HST) بنسبة 13% على المنازل الجديدة. ارتفعت المبيعات من 3,645 إلى 8,410 وحدة،...

HST rebate continues to boost sales of new single-family homes in GTA but condo segment remains sluggish: report

The enhanced HST rebate—now up to $130,000—continues to energize the GTA’s new single-family home market, with Ontario new home sales jumping 130% in Q2 2026, reaching 8,410 units. This boost isn’t just about numbers: it has supported 17,300 construction jobs, safeguarded $2.8 billion in GDP, and maintained $1.4 billion in government revenue. Yet, it’s worth noting that while single-family...

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

Labour Day in Canada marks a well-earned break celebrating workers and the unofficial end of summer, when everyone suddenly remembers all the things they meant to do in August. It’s the last big excuse for barbecues, lake trips, and squeezing in one more summer adventure before routines and school schedules take over again. Stores and sidewalks feel a little...

Gta’s Cheapest Neighbourhoods to Buy | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

A Real Estate platform's current GTA ranking compared neighborhoods with at least five sales, using median sold prices to identify the region's lowest-cost communities. Brampton's Queen Street corridor led the least expensive list at $374K, with eight sales and avg. 62 days to sell in the current period. Burlington's Tansley Woods ranked...

Will Toronto Prices Recover Soon? | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Prices expected to remain weak or decline in early 2026, especially in high-density segments, before stabilizing toward late-year recovery. Sales activity gradually rebounds from historically low levels, driven mainly by pent-up demand rather than strong economic expansion. Housing starts fall to near multi-decade lows, especially condos, limiting future supply but...

Toronto Starts Fall Short of Target | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto housing starts ↓10% yearly versus the previous year, a clear sign construction activity moderated in the city's larger urban market during current tracking. Toronto was tracking 37 building permits tied to 6.6K condominium apartment units where construction had not yet begun in the current pipeline. The agency said some pending projects could still...

Richmond Hill Homes More Affordable at $1.22M in July

The average home price in Richmond Hill was $1.22 million in July 2026, down 1.5% from June and 7.8% from July 2025. Sales dropped 10.8% with 182 homes sold, and active listings fell 17.3% to 972. Detached houses averaged $1.57 million, semi-detached $1.08 million, attached $1.04 million, townhouse-style condos $753,914, and apartment-style condos $576,467. Prices rose about 10.3% since July...

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