Tag: gta real estate
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Toronto Homes Under $1 Million Are Becoming The Most Competitive

Finding a detached home for under $1 million in the Toronto area is still possible, but buyers looking in that price range may be facing some of the strongest competition in the market. New data from the Canadian Real Estate Association and Toronto Regional Real Estate Board shows that detached homes priced below $1 million…
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What You Can Buy At Different Budgets Across Ontario Right Now

What does $500,000, $1 million or even $5 million actually buy you in Ontario? We looked at active listings currently on the market across the province to see how dramatically your options can change depending on budget and location. From townhouses and detached homes to waterfront properties, luxury condos and massive estates, hereโs what different…
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Toronto Condo Construction Has Collapsed With Just 156 Units Started In The First Half Of 2026

Torontoโs condo construction slowdown has reached a dramatic new level, with just 156 condominium units started in the City of Toronto during the first half of 2026. According to the Canada Mortgage and Housing Corporationโs latest Housing Supply Report, that is a massive drop compared with the previous decade, when the city averaged roughly 7,000…
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The GTAโs Average Home Price Just Fell Below $1 Million Again

The average price of a home in the Greater Toronto Area has slipped below the $1 million mark again, as the regionโs housing market continues to look very different from its pandemic-era highs. The average GTA home sold for $993,410 in August 2026, according to the latest data from the Toronto Regional Real Estate Board.…
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Ontario Cities Ranked From Cheapest To Most Expensive For Homebuyers In 2026

Ontario’s housing market looks very different than it did just a few years ago. While home prices remain elevated in many parts of the province, the correction that began in 2022 has created larger affordability gaps between Ontario’s most expensive and most affordable cities. Today, buyers willing to look beyond the Greater Toronto Area can…
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Homes Under $500,000 Are Making A Comeback In Ontario, But There’s A Catch

Affordable homes are becoming more common across Ontario’s housing market, but the improvement is being driven largely by one segment: condominiums. A new report from the Municipal Property Assessment Corporation (MPAC) found that homes valued under $500,000 now make up nearly one-quarter of Ontario’s housing market, marking a notable increase from just a few years…
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Toronto’s Condo Crash May Not Bottom Until 2028, TD Warns

Toronto’s condo market continues to struggle through one of its deepest and longest downturns in decades, with some economists warning the correction could continue for years. A new report from TD Economics projects Greater Toronto Area condo prices may not begin a sustained recovery until 2028. The bank estimates prices could ultimately fall between 25%…
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Ontario’s HST Rebate Is Helping Boost New Home Sales In The GTA, Industry Says

Ontario’s new HST rebate appears to be giving the Greater Toronto Area’s struggling new home market a much-needed boost. New data released by the Building Industry and Land Development Association (BILD) shows new home sales remained stronger than expected in May, marking the second consecutive month that low-rise home sales outperformed their 10-year average. Industry…

