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...

Now that we’re in the final quarter of 2025, year-end predictions are underway, especially for Toronto’s laboring housing market. Across Canada, the economy has endured a particularly difficult few months marked by tariffs, job losses, a shrinking GDP, and the ongoing...

Condo sales across the Greater Toronto and Hamilton Area dropped to lowest level in 35 years during the third quarter, as the market downturn deepened and a record number of development projects were cancelled this year. Just 319 new condo units were sold in the third...

Condos remain essential, but what will it take for this segment to bounce back? “Let’s be clear, the condo market has been knocked down hard. It’s not a total knockout, but you could call it a standing eight count,” notes a recent report from CIBC Deputy Chief...

Toronto home prices continue to slide, and many buyers remain cautious. Traditionally, fall brings a surge of activity in housing, right alongside back-to-school, early Halloween decorations, and the pumpkin spice rush. This year, the urge to predict what comes next...