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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...

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...

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