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....

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...

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...

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...

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...

A new global analysis suggests Canada’s major cities are among the hardest places on earth for young people to buy their first home, with Vancouver, Toronto, and Montreal ranking near the bottom of a 70-city affordability index. The study, from UAE-based developer...

Toronto rents have dropped to a 40-month low after 21 consecutive months of annual declines — reaching their lowest point since the summer of 2022. The average monthly rent for a unit in Canada’s largest city slipped 3.5 per cent in October compared to a year earlier,...

Toronto’s real estate board says home sales and prices were down in October from a year earlier as economic uncertainty persists. The latest data from the Toronto Regional Real Estate Board (TRREB) highlights continued market challenges affecting homeowners and...

In a bid to boost housing starts, the Ontario government announced a big win for first-time home buyers - removing the eight per cent provincial portion of the HST for new homes up to $1 million. The province’s proposal, which will be included in the 2025 Fall...