Category: ontario
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How Much Do You Need to Earn to Afford a Home in Toronto vs Halifax vs Calgary?
The question of housing affordability is on every Canadian’s mind. Whether you’re considering a move across the country or wondering how your city stacks up, income requirements vary drastically depending on the housing market. Let’s break down how much you’d need to earn to afford an average home in Toronto, Halifax, and Calgary. Toronto: Canada’s…
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Toronto Listings To Keep Your Eye On Right Now
If you’ve been glued to Realtor.ca lately (who hasn’t?), these Toronto listings are definitely worth a second look. From dreamy luxury homes to hidden gems under the radar, here are 6 properties that are turning heads right now. Whether you’re a first-time buyer or just love to snoop the market, these homes show off the best of…
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Greater Toronto Area Home Sales Drop 15.8 Percent in November as Buyers Stay on the Sidelines
The Greater Toronto Area saw a sharp slowdown in housing activity in November, with home sales falling 15.8 percent year-over-year. According to new data from the Toronto Regional Real Estate Board (TRREB), only 5,010 homes traded hands last month as affordability pressures, job uncertainty, and high borrowing costs continued to weigh on buyer confidence. While…
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This $550K Queen West Condo for Sale Comes With 7 Parking Spots
If you’ve ever complained about not having enough parking in Toronto… this listing is about to blow your mind. A $550,000 condo at 36 Lisgar St in Little Portugal just hit the market, and it comes with something you almost never see in the city: seven owned parking spots. Yes, seven. Unit 1210E is a functional 1+1 bedroom suite offering 500–599 square feet, currently…
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Ontario Condos Are One-Third Smaller Than They Used To Be – But Cost Way More
Ontario condos have gone through a major transformation over the past four decades, and not in a way most buyers would expect. New data shows that condo units across the province have shrunk roughly one-third in size since the 1970s, even as prices have climbed to record levels. The trend, often called “shrink-flation,” has become a defining feature of…
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What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
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Toronto Mortgage Payments Now Eat Up More Than 110% Of Family Income
A new report from the Fraser Institute paints a stark picture of homeownership in Ontario. To buy a typical home in Toronto, a family earning the median after-tax income would need to spend 110.2% of that income on monthly mortgage payments, even after making a 20% down payment. In simple terms, the average family in…
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The Median Age To Buy A Home In Ontario Is 40, Report Shows
How old are first-time buyers in Ontario in 2025? See the latest median age, how Ontario compares nationally, why buyers are getting older, city-level “years to save” benchmarks, and practical tips to buy sooner. The quick answer Ontario vs Canada: who’s buying, and when? How long are people saving before they buy? Why this matters:…
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Why Ontario’s HST Rebate Could Change The Market – What Buyers Need To Know
Housing prices and mortgage rates have pushed many Ontarians out of the market over the past two years. But a new provincial policy aims to make buying a home (especially a pre-construction home) more attainable by offering a new HST rebate structure that reduces the tax burden on buyers. If you’re a first-time buyer in Ontario or planning…
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House Rich, Cash Poor: Why So Many Canadians Are Stuck in Their Dream Home
Many Canadians are “house rich but cash poor” in 2025. Here’s why so many homeowners are struggling to afford everyday life despite sitting on hundreds of thousands in home equity.
Canada Housing Market 