Tag: ontario housing market
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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, here’s what different…
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Toronto Condo Construction Has Collapsed With Just 156 Units Started In The First Half Of 2026

Toronto’s 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 Corporation’s 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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Ontario Listings Of The Week: 10 Homes For Sale From $418K To $4.3M

Ontario’s housing market has everything from condos under $500,000 to sprawling waterfront homes and multimillion-dollar estates on the market right now. For this week’s Ontario Listings Of The Week, we’re looking at 10 properties we’ve recently featured across the province that are still available. The homes range from a $418,000 condo in Bowmanville to a nearly $4.3-million custom home…
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The GTA’s 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 region’s 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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What You Can Get At Different Budgets In Toronto Right Now

Toronto real estate looks VERY different depending on how much you have to spend. Right now, buyers can find everything from condos under $400,000 to detached homes around $1 million and massive luxury properties approaching $3 million. We looked at 10 active listings across Toronto to see what different budgets can actually get you right…
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Ontario Lost 18,000 Jobs In August – Here’s What It Could Mean For The Housing Market

Ontario’s job market took a step backward in August, adding another layer of uncertainty for home buyers, mortgage holders and the province’s housing market. Ontario lost approximately 18,000 jobs in August 2026, according to the latest Labour Force Survey from Statistics Canada. Across the country, employment fell by 42,000 jobs, significantly weaker than economists had…
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The Bank Of Canada Just Warned Interest Rates Could Go Up More Than Once

Canadians who have been waiting for interest rates to fall could be in for a surprise, because the Bank of Canada is now warning that rates may need to go up again. The Bank of Canada held its policy interest rate at 2.25% on September 2, keeping it unchanged for another meeting. But what Governor…
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GTA Home Prices Are Now Nearly $354,000 Below Their 2022 Peak

Home prices across the Greater Toronto Area are now nearly $354,000 below their 2022 peak, as the region’s housing market continues to struggle to regain its pandemic-era highs. The GTA’s MLS Home Price Index benchmark fell to $925,900 in August 2026, according to the latest Toronto Regional Real Estate Board data. That’s down 4.5% compared…
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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…
