Tag: housing market
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Canada Now Has Nearly 20,000 Vacant New Homes With Hundreds Of Thousands More Coming
Canada’s housing market is seeing a major buildup of unsold newly built homes, raising new questions about affordability, demand, and whether the homes being constructed actually match what Canadians can afford. According to recent data highlighted by Better Dwelling and Statistics Canada, Canada hit a new record in April 2026 with nearly 20,000 completed but…
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A Real Estate Firm Just Bought $30M Worth of Unsold Toronto Condos as the Market Slows
Toronto’s struggling condo market may be creating new opportunities for large investors. A Canadian real estate company has reportedly purchased roughly $30 million worth of unsold condominium inventory in downtown Toronto as the GTA condo market continues facing weaker demand, slower sales activity, and growing inventory levels. The bulk purchase is adding to growing signs that institutional…
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Canadian Homeowners Have Lost Nearly 20% of Home Value Since 2022 Peak
Canada’s housing market downturn has now erased a significant portion of the gains seen during the pandemic-era housing boom. According to recent housing market analysis and benchmark price data, many Canadian homeowners have seen home values fall nearly 20% from peak levels reached in early 2022 as higher interest rates and weaker buyer demand continue…
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TD Says GTA Condo Market Is Facing a Potential 1990s-Style Meltdown
Canada’s largest condo market is continuing to face mounting pressure, and a new outlook from TD Economics suggests the downturn may last much longer than many buyers and investors expected. According to TD Economics, the Greater Toronto Area condo market is experiencing one of its weakest periods in years, with falling prices, collapsing sales activity,…
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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,…
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Demand Isn’t the Problem – Here’s What’s Blocking Canada’s Housing Market
Canada’s housing market continues to face affordability challenges, but new data suggests the issue may not be a lack of demand. Instead, a growing imbalance between buyers and available housing is emerging, with many Canadians still planning to enter the market despite ongoing constraints. Buyer Demand Remains Strong Recent data shows that 23% of young…
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B.C.’s Housing Market Among Weakest in Canada as Sales and Demand Decline
British Columbia’s housing market is showing significant signs of weakness in 2026, with new data pointing to declining sales, falling demand, and ongoing affordability challenges. A recent outlook from TD Economics has identified B.C. as one of the weakest housing markets in the country, alongside Ontario. Sales Activity Remains Well Below Normal Market activity has…
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More Than Half of Canadians Say They’re Not Living in Their Ideal Home, New Report Finds
A new report suggests a growing gap between what Canadians want in a home and what they can actually afford. According to a recent study from Century 21 Canada, more than half of Canadians say they are not living in their ideal home, with affordability emerging as the biggest barrier preventing people from upgrading or…
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Rents Are Falling Across Canada – Except in These Provinces
Canada’s rental market is cooling overall, but new data shows the trend isn’t the same everywhere. While rents are declining across most of the country, a handful of provinces are still seeing prices rise, highlighting a growing regional divide in Canada’s housing market. According to the latest report from Rentals.ca and Urbanation, average asking rents…
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Ontario New-Home Sales Surge After HST Rebate – But Is This a Real Recovery?
Ontario’s new-home market is suddenly seeing a surge in activity – at least according to recent headlines. Following the rollout of the province’s HST rebate on new construction, reports suggest buyers are jumping back into the market, with developers pointing to renewed momentum across multiple communities. But is this actually a turning point for the…
Canada Housing Market 