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 from around 1989 to 1996...

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 consistently fetch...

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 taxes and fees in order to...

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 of shifting mortgage rates,...

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...