Tag: housing market
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Toronto Housing Market Update – August 2025
Toronto remains one of the most competitive and expensive real estate markets in Canada, but it’s currently in a cooling phase. Home prices are experiencing modest year-over-year declines, especially in the detached segment, while condos and townhomes remain relatively stable thanks to investor interest and affordability compared to low-rise housing. Here’s where the market stands…
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Home Prices Projected to Rise 63% by 2035: Why Canada Must Build 32,000 More Homes a Year
A 63% price jump in just over a decade? That’s the reality we’re staring down- unless we act fast. According to recent projections, Canadian home prices are on track to increase by 63% between 2024 and 2035, which breaks down to an average annual growth rate of 5%. To put that in perspective, that’s more…
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Ontario Listings of the Week- Weds, July 23, 2025
Welcome to our weekly roundup of Ontario’s top listings! Every week, we feature the best properties across the province, from cozy condos in the city to multi-million dollar mansions with the backyard of your dreams. See below to discover your future home or browse to stay on top of the current market. Here are the…
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Nova Scotia Needs to Double Housing Construction for the Next Decade, Says CMHC
A new report from the Canada Mortgage and Housing Corporation (CMHC) says Nova Scotia must more than double its annual housing starts over the next 10 years to restore affordability in the province. The target? Jump from about 5,400 homes per year to over 12,500 annually between 2025 and 2035. That’s a big ask, and…
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70% of GTA Homes Sold Below Asking Price in June, Report Shows
The summer real estate season kicked off on a cooler note in the Greater Toronto Area (GTA), with the majority of homes selling for less than the listed price, according to new data from Canadian real estate platform Wahi. In June 2025, 71% of all GTA home sales were below asking price. And in a…
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Ontario Listings of the Week- Weds, July 16, 2025
Welcome to our weekly roundup of Ontario’s top listings! Every week, we feature the best properties across the province, from cozy condos in the city to multi-million dollar mansions with the backyard of your dreams. See below to discover your future home or browse to stay on top of the current market. Here are the…
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The New First-Time Buyer Incentives in Canada in 2025 (And What They Really Mean)
Buying your first home in Canada just got a little easier. In 2025, the federal and some provincial governments are rolling out new and improved incentives to help first-time buyers overcome today’s biggest challenges: saving for a down payment, affording monthly mortgage payments, and competing in high-cost markets. If you’re feeling overwhelmed by real estate…
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Ontario Listings of the Week- Friday, July 4, 2025
Welcome to our weekly roundup of Ontario’s top listings! Every week, we feature the best properties across the province, from cozy condos in the city to multi-million dollar mansions with the backyard of your dreams. See below to discover your future home or browse to stay on top of the current market. Here are the…
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40% of Canadian Renters Are Cutting Back on Food to Afford Rent
A growing affordability crisis is forcing nearly half of Canadian renters to make heartbreaking trade-offs just to stay housed. According to the Royal LePage 2025 Canadian Renters Report, 39% of Ontario renters are now reducing their spending on food and groceries to make ends meet. The poll, conducted by Burson earlier this month, surveyed 1,854…
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Up to $50K in Savings: New GST Rebate for First-Time Canadian Home Buyers (2025)
If you’re a first-time home buyer in Canada, you may be eligible for a major new rebate that could save you up to $50,000 on your new home. On May 27, 2025, the federal government introduced the First-Time Home Buyers’ GST Rebate (FTHB GST Rebate)—a game-changing measure designed to make homeownership more affordable and accessible…
Canada Housing Market 