Market Insight for August 22
Canadian home sales are on an upward trend – making it four straight months of increased home sales. The latest data from the Canadian Real Estate Association (CREA) shows the number of home sales in Canada climbed 3.8% in July compared to June. According to CREA’s...
Market Insight for July 25
As Toronto’s housing market experiences a downturn, a handful of neighbourhoods are standing out by going against the grain, according to a new report based on Toronto Regional Real Estate Board (TRREB) data spanning January through the end of June 2025. Toronto’s 416...
Market Insight for July 18
Urbanation Inc., a top authority on condo market intelligence and analysis since 1981, has published its Q2-2025 Condominium Market Survey this week. The Greater Toronto Hamilton Area (GTHA) new condo apartment sector recorded502 sales in Q2-2025, extending its streak...
Market Insight for June 27
Toronto’s condominium apartment sector is currently experiencing a market adjustment. As outlined in a June 2025 report from the Canada Mortgage and Housing Corporation (CMHC), the city is facing a downturn in sales, elevated inventory, falling prices, and mounting...
Market Insight for June 13
What’s the Average Age of a First-Time Homebuyer—And How Much Money Do They Need? Almost half (47 per cent) of first-time buyers who made a home purchase in the last 18 months were aged between 25 and 34, according to the Canada Mortgage and Housing Corporation’s...
Market Insight for June 6
Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating power to potential homebuyers. The Toronto Regional Real Estate Board stated in a release this week that 6,244 homes were sold in May, down over 13 per...
Market Insight for May 30
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...
Market Insight for May 2
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...
Market Insight for April 25
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...
Market Insight for April 11
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,...