The Bank of Canada held its benchmark interest rate at 2.25% on Wednesday, marking the fourth consecutive hold but warned that interest rates may need to change depending on the duration of the oil price shock and the outcome of trade talks with the United States and...

Urbanation Inc., the leading source of information and analysis on the condominium market since 1981, released its Q1-2026 Condominium Market Survey results this week. Canada’s largest condominium market has “hit bottom” as first-quarter sales for new projects in...

All Ontario homebuyers will qualify for an HST rebate on new homes for one year, Premier Doug Ford announced on Wednesday. Ottawa and Queen’s Park are delivering a $2.2 billion boost to Ontario’s struggling home construction sector by offering a one-year HST break for...

A stormy winter in Toronto cooled real estate activity in January, but a further drop in February suggests that unpredictable weather alone isn’t responsible for the slowdown. Many people in the industry initially blamed the cold temperatures and snow for the slow...

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...

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,...

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...

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...

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...

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....