Ontario's expanded HST rebate boosted GTA low-rise new home sales in April to 1,100 units, nearly triple last year and 21% above the 10-year average for single-family homes. However, condo sales lagged at 199 units, far below the typical 1,673. New home inventory fell below 20,000 units, with prices down 7.1% year-over-year. Full rebate benefits appear to reach buyers, but legislative clarity on...
In the Greater Toronto Area, 30 neighborhoods have median prices for three-bedroom single-family homes under $1 million, with some starting around $645,000. Most affordable options are in Durham region, especially Oshawa and Clarington, with prices around $730,000 to $771,250. Some Toronto neighborhoods also offer homes under $1 million, mainly in suburban areas. The overall GTA median price for such...
Toronto experienced a 34% increase in housing starts in April compared to the previous year, contributing to a 17% rise in housing starts across Canada. Despite this growth, the housing construction sector remains volatile with uneven activity. Housing starts, which indicate actual construction progress, are considered a more reliable measure of future housing supply than building permits. Continue...
Home prices are forecast to remain under pressure in 2026 as higher-for-longer interest rates continue to limit buyer purchasing power. Increased housing inventory across the GTA is expected to keep competition muted and constrain price recovery. Investor activity is projected to stay subdued, particularly in the condo segment, reducing speculative demand. Buyer...
Slide 1: Toronto condos? New projects launch only in core, transit, or “smart infill” sites first. Slide 2: Smaller, luxury, and 900+ sq.ft units are surviving; tiny condos dropped 20% value. Slide 3: Builders pivot: 18-storey towers, modest scale, high-end finishes—avoid long absorption risk. Slide 4: Investor-driven presales are collapsing;...
19 Portico Drive is a Spectacularly Renovated Family Home in Toronto with Premium Finishes! This beautifully reimagined 4-bedroom, 3.5-bathroom residence perfectly blends timeless elegance with modern comfort. Step inside to discover a bright main floor featuring refreshed hardwood floors and a spacious living area ideal for entertaining. A fully renovated eat-in...
Greater Toronto Area home prices are forecast to decline about 4.5% in 2026, continuing correction from recent peaks. Detached homes expected to dip slightly (~1%), offering modest price relief but still high relative to historical norms. Condominium prices projected to fall more (~6.5%), reflecting softer demand and increased inventory. Sales activity likely to...
The average home price in York Region was $1.13 million in April 2026, down 2.8% from March and 10% from April 2025. Detached houses averaged $1.43 million, semi-detached $985,091, attached houses $987,300, townhouse-style condos $741,175, and apartment-style condos $620,637. Sales increased 11.2% year-over-year, while active listings fell 3.2%. Prices have risen nearly 20% since April 2016. Continue...
أعلنت المقاطعة عن إلغاء كامل ضريبة HST بنسبة 13% على المنازل الجديدة من 1 أبريل حتى 31 مارس، مع تقديم خصومات تصل إلى 130,000 دولار للمنازل التي تقل قيمتها عن 1.5 مليون دولار. تهدف هذه الخطوة إلى تعزيز القدرة على تملك المنازل وتشجيع...
Stable borrowing costs and firm housing costs are giving active buyers a clearer planning window, with accessible entry points emerging in several markets. After years of unpredictable inventory, rates, remote work, trade policy, and inflation, softer price growth points toward a more normal 2026 market. The central bank suggested its overnight lending rate may...
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