Tag: CREA
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Ontario’s Housing Market May Finally Be Turning A Corner
After being one of Canada’s hardest-hit housing markets, Ontario may finally be starting to show signs of a recovery. A new housing market update from RBC Economics, released August 18, 2026, says there was further progress across Ontario in July, with home resales increasing in Toronto, Hamilton, Kitchener-Waterloo, London and Ottawa. Home values also increased…
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Here’s How Much Toronto Home Prices Have Fallen By Property Type
Home prices across the Greater Toronto Area are still lower than they were a year ago, but the size of the decline depends heavily on what type of home you’re looking at. The average GTA home sold for $1,003,956 in July 2026, down 4.5% compared with July 2025. The MLS Home Price Index benchmark also…
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Ontario Home Prices Just Dropped Below $800,000
Ontario’s housing market just crossed a notable price threshold. The average price of a resale home sold across Ontario fell to $797,486 in July 2026, bringing the provincial average below $800,000 as prices continued to decline from last year. According to new data from the Canadian Real Estate Association and Ontario Real Estate Association, Ontario’s…
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Every Province Ranked by Housing Affordability in Canada
Housing affordability looks very different depending on where you live in Canada. In some provinces, average home prices remain below $400,000. In others, buyers are still facing price tags close to or above $800,000, even after several years of market cooling. Based on the latest available provincial home price data, here is how every Canadian…
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How Much Income You Need to Buy a Starter Home in Ontario in 2026
Buying a first home in Ontario has become more realistic than it was during the height of the pandemic housing boom, but affordability remains a major hurdle for many buyers. While home prices have moderated in several markets, higher mortgage rates continue to make qualifying for a home more challenging than many first-time buyers expected.…
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Canada’s Housing Market Is Showing Signs Of Life After A Slow Start To Spring
Canada’s housing market may finally be gaining momentum after a sluggish start to 2026. New data from the Canadian Real Estate Association (CREA) shows national home sales jumped 5.5% between April and May, marking the strongest month-over-month increase so far this year. The rebound comes after months of weak activity that left many wondering whether…
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Canadian Home Sales Jumped 5.5% In May But Home Prices Are Still Falling
Canada’s housing market showed signs of life in May, with home sales posting their largest monthly increase this year. However, despite the surge in activity, home prices continue to trend lower across much of the country. New data from the Canadian Real Estate Association (CREA) shows national home sales rose 5.5% between April and May…
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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 22, 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…
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This Toronto Condo Is Basically A Mini Resort – And It’s Move-In Ready For $678k
If you’ve been condo shopping in Toronto, you already know the struggle: tiny layouts, zero amenities, and maintenance fees that don’t even include utilities. This one is different. Located at 15 Northtown Way, this Tridel-built corner condo delivers everything buyers wish more Toronto units offered: space, light, privacy – and full access to resort-level amenities. Think: indoor pool, tennis courts, gym,…
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Canada’s Happiest Big City is in Ontario – What It Costs To Live There
While housing affordability continues to challenge Canadians from coast to coast, one Ontario city is proving that happiness and homeownership can still go hand in hand. According to Leger’s Happy Cities 2025 report, analyzed by Zoocasa, Mississauga ranks as Canada’s happiest large city, and the only major Ontario city with a happiness score above the national average. The study examined…
