Category: ontario
-
Nearly 1 in 6 Canadian Millennials Still Live With Their Parents
Canada’s housing affordability crisis is creating a major generational divide, with new data showing Millennials are far more likely to live with their parents than previous generations were at the same age. According to Statistics Canada data highlighted by Better Dwelling, 16.3% of Canadian Millennials aged 25 to 39 lived with their parents in 2021,…
-
Toronto Home Sales Just Saw Their Biggest Jump in 9 Months
Toronto’s housing market may be showing early signs of renewed activity, with new data showing GTA home sales posted their strongest increase in months. According to the Toronto Regional Real Estate Board (TRREB), 5,946 homes sold across the GTA in April 2026, marking a 7% increase compared to April 2025. Reuters reported that this was…
-
A $110K Salary May No Longer Be Enough To Buy A Home In Toronto
A six-figure salary used to feel like a major financial milestone. But in some of Canada’s biggest housing markets, even earning around $110,000 a year may no longer be enough to comfortably buy a home. That is especially true in places like Toronto and Vancouver, where home prices remain high, mortgage qualification rules are strict,…
-
Canada’s Aging Population Could Create a Major Housing Shift by 2030
Canada’s housing market may be heading for a major demographic shift. As the country’s population ages, more homes could eventually move through the market because of downsizing, inheritance, estate sales, or seniors transitioning into different types of housing. But the shift may not happen quickly. According to CMHC, many older Canadians are staying in their…
-
4.5 Million Canadians Are Now Living Below The Poverty Line
Canada’s cost-of-living crisis is still showing up in the data. New Statistics Canada numbers show that 11.0% of Canadians lived below the poverty line in 2024, representing approximately 4.5 million people. That is almost unchanged from 2023, when the poverty rate was 11.1%. The data suggests that while inflation has cooled from its peak, many…
-
What You Can Buy In Toronto At Different Budgets Right Now
Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets currently buy across the city as of May 4, 2026. This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market. Click on the links to…
-
Ontario Listings of the Week – May 2, 2026
Looking for standout Ontario homes for sale? These listings on Realtor.ca include a mix of luxury properties and affordable condos that are getting attention across the province right now. $384,900 – 201 – 84 ASPEN SPRINGS DRIVEClarington (Bowmanville) 🛏️ Bedrooms: 1🛁 Bathrooms: 1🔗 Link to listing $399,900 – 167 – 1055 DUNDAS STREET EMississauga (Applewood) 🛏️ Bedrooms: 3 🛁 Bathrooms: 1🔗 Link to listing $575,000 –…
-
Nearly 1 in 19 Rental Units Sit Vacant in Toronto
Toronto’s rental market is showing a major shift, with vacancy rates rising sharply across the Greater Toronto and Hamilton Area (GTHA). New data suggests that while rents remain relatively sticky on the surface, underlying conditions point to a rapidly softening rental market. Vacancy Rates Hit Multi-Year Highs Recent data shows that the GTHA vacancy rate…
-
Building Homes in Canada Is Still Getting More Expensive
The cost of building homes in Canada continues to rise, adding pressure to an already strained housing market. New data shows that residential construction costs are still increasing, creating further challenges for developers and limiting the pace of new housing supply. Construction Costs Continue to Rise Recent data from Statistics Canada shows that residential construction…
-
Canada Announces $2B Plan to Tackle Housing Shortage
The federal government has announced a new set of housing measures aimed at tackling Canada’s ongoing affordability crisis and increasing housing supply. The latest policy updates focus on making it easier to build multi-unit housing while addressing key bottlenecks in the construction sector. New Focus on Multi-Unit Housing The government is introducing measures to support…
