The End of Canada’s Mortgage Stress Test? In a move that could significantly reshape Canada’s housing market, the Office of the Superintendent of Financial Institutions (OSFI) is evaluating a shift away from the contentious mortgage stress test. Instead, it is...

A “normal” spring for Toronto’s housing market? The traditional spring market is likely to be delayed. The Toronto real estate market has entered the spring season with a noticeable slowdown, driven largely by economic uncertainty surrounding tariffs and other global...

Looking for a rental this spring? You might have an easier time than last year, new listing data shows, with the average asking price in Toronto for rented condos or purpose-built apartments now $120-a-month cheaper than it was a year ago. The downward pressure on...

Homebuyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down compared to the same period last year, while listing inventory remained high, providing substantial negotiating...

Reverse Mortgage Down Payment Gifts: Golden Opportunity or Golden Years Gamble? For many of us, homeownership is key to ensuring financial stability in our golden years. For those unable to get on the property ladder due to a lack of funds for a down payment, the...

Toronto home sales jumped 10 per cent in January as buyers responded to lower mortgage rates, but the local real estate board cautioned that potential trade disruptions could slow down the housing market’s momentum. Despite this, the Toronto Regional Real Estate Board...

Two years ago, the federal government implemented a ban on foreign ownership, preventing non-Canadians from purchasing residential property across the country. Originally framed as a short-term measure to help “cool down” an overheated housing market, the policy was...

Preconstruction condo prices fell 15% in the Toronto region in the final quarter of 2024, as sales plunged to their lowest level in nearly three decades and a glut of unsold units hit a record high. It was the worst year since the late 1990s for the preconstruction...

Is the Greater Toronto Area real estate market entering a promising phase with lower borrowing costs and renewed investor interest driving activity? Surprisingly, the market showed signs of life in November, with sales activity picking up even as prices remained...

Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. This meant that market conditions tightened, resulting in overall...