Tag: housing
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Only 53 New Condo Units Sold in Toronto in September 2025

Toronto’s condo market hit record lows in September 2025 with only 53 new units sold. BILD data shows GTA new home sales down 44% year-over-year.
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Ontario Backs Off Plan To End Indefinite Leases – What It Means For Tenants in 2025

The Ford government says it will not proceed with consultations to change Ontario’s month-to-month “security of tenure.” Here’s what changed, why it matters for rent control, and what’s still in Bill 60.
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Ontario Announces Major HST Rebate for First-Time Home Buyers

Ontario is introducing a new rebate to cover the full 8% provincial portion of the HST for first-time home buyers purchasing new homes up to $1 million. Combined with federal measures, buyers could save up to $130,000.
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Canada Inflation Watch – The Core Data Canadians Need to See

Canada’s CPI rose in September, with food, rent, property taxes, and mortgage interest leading the gains. What raised eyebrows is what was not highlighted – the Bank of Canada’s preferred core inflation metrics. Here is a clear, data-focused look at what the latest CPI means. Key takeaways Note: All figures are as described in the…
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Edmonton’s Housing Surprise: Prices Up, But Affordability in Crisis

Edmonton’s housing market is defying expectations, prices are rising, yet affordability has never felt worse. While average home values have climbed more than 5% year-over-year, wages and borrowing power aren’t keeping up, leaving many buyers and renters struggling to keep pace. Edmonton’s Market Snapshot (Sources: Nesto.ca, WOWA.ca) Why Prices Are Rising 1. Limited Supply in Desirable AreasDemand for…
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Halifax-Dartmouth Housing Market Update – September 2025

Halifax-Dartmouth home sales dipped slightly in September 2025, but prices held steady at a median of $540,000. See full stats on sales, listings, and local market trends.
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Calgary Housing Market Update – October 2025

In Calgary’s 2025 real estate scene, not all homes are performing the same. Some segments are cooling, others holding firm. Let’s look at two key property types: townhouses and condo apartments. 📉 Townhouses: Average Price Down 2.3% YoY (~$457,000) 🏢 Condos: Slight Uptick – +0.4% to ~$349,000 🏘️ Broader Market Context & Trends 🧭 What…
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Half of Young Canadians Now Spend Over 50% of Their Income on Rent

A new survey shows that almost half of young Canadians are putting the majority of their income toward rent, highlighting the affordability crisis facing renters across the country. Rent Costs Exceeding Income Benchmarks For decades, financial advisers have recommended keeping housing costs around one-third of household income. But according to a 2025 survey by Rentals.ca,…

