New single-family home sales in the GTA jumped to 692 in August, more than triple the 215 sales recorded during the same month last year. Sales were also 47 per cent above the 10-year average, according to Altus Group data prepared for the building industry. Condo...

A second set of rental rules in Ontario are set to take effect next week. Starting Sept. 21 under Bill 60 amendments, tenants who receive an N4 notice for overdue rent will have just seven days to pay what they owe, that’s down from 14 days. If the payment is not made...

For Canadian Realtors hoping the housing market was finally turning a corner, the July stats had brought some encouraging news. After a long stretch of uncertainty, buyers and sellers were beginning to adjust to the new market. Activity was picking up, confidence was...

New Home Sales Jump in Ontario Following the HST Cut. The removal of the HST on new homes appears to be giving Ontario’s housing market a much-needed lift, with sales more than doubling this year since the tax break was introduced. Buyers purchasing a new home can...

The Liberal government has not yet confirmed whether it will extend Canada’s foreign homebuyer ban, despite internal briefing documents warning that the clock is ticking if the policy is to be renewed through the current regulatory process before it expires on January...

The GTA housing market is improving, but buyers still have the edge. June’s housing figures for the Greater Toronto Area offer some encouraging signs, and it’s easy to frame them as evidence that the market is recovering. Sales increased, fewer new properties came...

Canadian existing-home sales rose in May at the fastest pace since the fall of 2024, or before President Trump won a second term and imposed biting tariffs on some of Canada’s key manufacturing sectors. Real-estate brokers are growing confident that May’s jump marks...

A new national rental report indicates that Ontario remains at the forefront of Canada’s rental market correction, with almost every major city examined in the province posting year-over-year rent decreases. The lone exception was one city, where strong student-driven...

Throughout much of the GTA, particularly in the condo market and many suburban communities, sales activity remains muted. Buyer traffic is light, and those actively shopping are entering negotiations cautiously, often expecting to purchase below the latest comparable...

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...