Market Insight for February 27
Power-of-sale listings spike across Ontario, piling pressure on housing market. The Greater Toronto Area (GTA) is experiencing a noticeable increase in "Power of Sale" listings as of late 2025 and moving into early 2026. While still representing a small fraction of...
Market Insight for February 20
Canadian home sales started 2026 on a colder note, with activity dampened by severe winter weather across parts of the country. The month-over-month drop in national home sales was largely concentrated in the Greater Golden Horseshoe and Southwestern Ontario,...
Market Insight for February 13
Entry-level pricing is making a noticeable return. A larger portion of single-family homes are now coming to market for under $1 million, while more condominiums are trading below the $500,000 mark. These properties present an attractive starting point for first-time...
Market Insight for February 6
Home prices in the Toronto area have dipped below the $1 million mark for the first time in five years, offering a notable shift in the market. The average selling price of a GTA home in January was $973,000, down 6.5 per cent from the same time last year, according...
Market Insight for January 30
Fixed mortgage rates are unlikely to decline anytime soon as ongoing geopolitical instability continues to rattle global markets, driving more homebuyers toward variable-rate mortgages, according to brokers. On Wednesday, the Bank of Canada confirmed it would hold its...
Market Insight for January 23
Urbanation president Shaun Hildebrand cautions that by the end of the decade, the region is on track to see virtually no new condominium completions. New condominium apartment sales across the Greater Toronto Hamilton Area (GTHA) declined for a fourth straight year....
Market Insight for January 16
The housing market is in a year of transition and moving toward recovery, predicts Benjamin Tal, a leading voice in Canadian real estate known for spotting trends and advising policymakers and industry leaders. “I see 2026 as a bridge year, moving from something...
Market Insight for December 12
On Wednesday, the Bank of Canada confirmed it is keeping its key interest rate unchanged after a year marked by substantial rate cuts. According to economists and realtors, this pause may encourage both sides of the market to return after months of sitting tight. The...
Market Insight for December 5
Mayor Olivia Chow wants Torontonians who can afford homes over $3 million to pay more in land transfer taxes in 2026. The proposal could raise an additional $14 million next year for city finances Changes proposed by Chow Tuesday would see the so-called luxury home...
Market Insight for November 28
Ontario legislators have voted to pass Bill 60, a controversial housing bill that proposes amendments to tenancy rules. Here’s what you need to know as the bill gets closer to becoming law. Once it receives Royal Assent, it will formally become an Act of the...