by The Baldwin England Team | May 30, 2025 | Market Updates
Market Insight for May 30 New construction home sales in the Greater Toronto Area (GTA) have now recorded their seventh straight month at historically low levels, surpassing even the slump seen during the 1990s housing downturn. Back in the 1990s crash — which spanned...
by The Baldwin England Team | May 2, 2025 | Market Updates
Market Insight for May 2 With average home prices in the GTA slightly lower than last year, Toronto’s housing market continues to favour buyers. Although roughly 75% of GTA neighbourhoods see homes sell below asking, there are still select pockets where properties...
by The Baldwin England Team | Apr 25, 2025 | Market Updates
Market Insight for April 25 Both the Liberals and Conservatives have pledged to cut the cost of new homes by as much as $100,000. However, in Toronto, new condos are already about $300,000 more expensive than resale units. The two major parties are promising to reduce...
by The Baldwin England Team | Apr 11, 2025 | Market Updates
Market Insight for April 11 Certain price-points, home types, and neighbourhoods are selling better than others, according to agents across the Greater Toronto Area. Spring traditionally marks the busiest time in real estate. But this year, with the added complexity...
by The Baldwin England Team | Mar 28, 2025 | Market Updates
Market Insight for March 28 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...