It continues to be one of the priciest markets for real estate in Canada, but the housing market in the Greater Toronto Area (GTA) is largely reflective of the ongoing housing crisis in Canada. Traditionally, Ontario as a province and the GTA have been a strong magnet …

Finally…. The Bank of Canada has dropped borrowing rates by .25%, not a huge amount, but a step in the right direction, with experts predicting that interest rates will continue to drop over the next two years.

Without a doubt many home buyers have held off their decision to buy, …

Among socio-economic and other factors, the undeniable reality, and various manifestations of the climate crisis, continue to have significant implications for the future of housing everywhere, including in Canada.

Adapting housing construction to meet resilience standards that help combat the wide-ranging impacts of extreme weather events, or retrofitting …

As expected, multiple measures to address Canada’s housing affordability and housing shortage crisis figured prominently among the raft of announcements made by the federal government in its annual budget presentation on Tuesday. As a potential home buyer or seller, many of these measures could benefit you in the months …

Spring is around the corner—a breezy harbinger of wet weather, new blooms, and increased housing activity! With the GTA housing market expected to modestly rebound this year, now is the time to start planning those long-delayed renovations to spruce up your property for prospective buyers or just to boost …

We are already more than halfway through the end of the first quarter of 2024, and housing activity in the Greater Toronto Area (GTA) is picking up at a faster-than-expected rate, outpacing most market predictions released last year and earlier this year.

The Toronto Regional Real Estate Board …

Buying real estate in Canada, whether it is a home, land, or commercial property has become an increasingly expensive undertaking. While housing affordability concerns, higher interest rates, and an overall economic slowdown are significant contributing factors, burgeoning housing prices across Canada are also directly correlated to the spike in …

A great start to 2024! Despite the winter weather and the higher-than-usual borrowing rates, January’s 4,223 sales were 37% higher than January 2023. The desire for home ownership remains high! Unfortunately, while the number of new listings was up, they were only up 6%, highlighting tighter market conditions and raising …

Here is a snapshot of the real estate market, supported by key data and forward-looking trends.

TORONTO, December 12, 2023

• Sales in November 2023 fell year-over-year.
• Housing sales in November slumped to lows last seen in 2008.
• Housing supply expanded year-over-year.
• Selling prices remained …