Business

Median home prices in Vancouver and Toronto could reach $2.8 million and $1.8 million by 2032 without increased housing completions, with 3.5 million additional units needed in Canada by 2030. AI automation may boost commercial real estate efficiency by $34 billion by 2030, automating 37% of tasks. U.S. luxury residential markets are expected to grow steadily but moderately, driven by wealth shifts into...

Average price went from $1,334,544 in February 2022 to $1,008,968 in February 2026. Past downturn: prices ↓21.3% in 4 years after 1989 peak, then bottomed in 1995 at ↓28.5%. Foch says buyers are sidelined while values seem to ↓; stability may take years, with prices possibly flat long. Condo market: avg price ↓ from nearly $800,000 to just over $625,000;...

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!...

Home sales have declined for several consecutive months, indicating weakening demand. Elevated housing inventory continues shifting market power toward buyers. Home prices have dropped year-over-year after nearly two years of declines. Slower immigration and migration to other regions may further reduce demand....

Toronto's housing pipeline exceeds 850,000 units, but annual completions average only 17,000 to 25,000, revealing a significant gap between planned and delivered homes. Most units remain in early stages, with delays in approvals, financing, and construction causing a "supply leakage" effect. High costs and reduced presales further slow project starts, highlighting inefficiencies in...

Renting offers flexibility with short-term leases and predictable costs, allowing easy neighborhood changes without long-term commitment. Buying is a long-term investment that builds equity and financial security, with potential property value appreciation. Homeowners can customize their space and benefit from tax advantages, though they face higher maintenance costs. Ownership provides stability and...

Real Estate listings in Toronto fell 17.7% in February compared with the same month last year. Home sales in Toronto declined 6.3%, totaling 3,868 transactions during February 2026. The average Toronto home price dropped about 7.1% year over year to roughly $1 million. Economic uncertainty and falling prices are causing many homeowners to delay selling...

Pre-construction condo sales fell to levels not seen since the 1990s; delays rise and launches get more selective. GTA avg prices stabilizing between $1M and $1.03M, with historically high inventory and modest growth. Condo oversupply: small units start ~$400K; larger 2-3 bedroom units span $600K to $1.2M. Key risks: appraisal gaps, slowed assignment sales,...

Home sales in the Greater Toronto Area declined 6.3% year-over-year in February, with average prices down 7.1% to about $1 million. New listings fell 17.7%, reducing inventory by 2.4%. Buyers are waiting for prices to stabilize, but constrained supply may increase competition and prices later. All property types saw fewer sales, with condos dropping 12%. Pent-up demand and hopes for positive trade news...

GTA’s mood shifted in 2026—less reacting to change, more confidently settling into it. Cranes still dominate the skyline, but development now emphasizes integration over nonstop expansion. Housing costs remain tough; average GTA home prices hover near $1 million in 2026. Toronto’s 2026 mood feels pragmatic: slower housing growth, steady demand, and...