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Market Insight for June 27

Market Insight for June 27 Toronto’s condominium apartment sector is currently experiencing a market adjustment. As outlined in a June 2025 report from the Canada Mortgage and Housing Corporation (CMHC), the city is facing a downturn in sales, elevated inventory,...

Market Insight for June 13

Market Insight for June 13 What’s the Average Age of a First-Time Homebuyer—And How Much Money Do They Need? Almost half (47 per cent) of first-time buyers who made a home purchase in the last 18 months were aged between 25 and 34, according to the Canada Mortgage and...

Market Insight for June 6

Market Insight for June 6 Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating power to potential homebuyers. The Toronto Regional Real Estate Board stated in a release this week that 6,244 homes were...

Market Insight for May 30

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...

Market Insight for May 2

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...