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Market Insight for March 14

Market Insight for March 14 Looking for a rental this spring? You might have an easier time than last year, new listing data shows, with the average asking price in Toronto for rented condos or purpose-built apartments now $120-a-month cheaper than it was a year ago....

Market Insight for March 7

Market Insight for March 7 Homebuyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down compared to the same period last year, while listing inventory remained high, providing...

Market Insight for February 21

Market Insight for February 21 Reverse Mortgage Down Payment Gifts: Golden Opportunity or Golden Years Gamble? For many of us, homeownership is key to ensuring financial stability in our golden years. For those unable to get on the property ladder due to a lack of...

Market Insight for February 7

Market Insight for February 7 Toronto home sales jumped 10 per cent in January as buyers responded to lower mortgage rates, but the local real estate board cautioned that potential trade disruptions could slow down the housing market’s momentum. Despite this, the...

Market Insight for January 31

Market Insight for January 31 Two years ago, the federal government implemented a ban on foreign ownership, preventing non-Canadians from purchasing residential property across the country. Originally framed as a short-term measure to help “cool down” an overheated...

Market Insight for January 17

Market Insight for January 17 Preconstruction condo prices fell 15% in the Toronto region in the final quarter of 2024, as sales plunged to their lowest level in nearly three decades and a glut of unsold units hit a record high. It was the worst year since the late...