Tag: ontario housing market
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Ontario Cities Where Homebuyers Have The Most Negotiating Power Right Now
Ontario’s housing market has shifted dramatically over the past two years, and buyers are finding themselves in one of the strongest negotiating positions they’ve had in years. With inventory levels climbing, homes spending longer on the market, and more sellers accepting offers below asking price, many Ontario cities have become buyer-friendly markets. Here’s where homebuyers…
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Canada’s Housing Market Has Now Seen Its Largest Price Correction In History
Canada’s housing market has experienced one of the most dramatic booms in history, and according to new data, it’s now experiencing its largest correction on record. New figures from the Bank for International Settlements (BIS) show national home prices have fallen significantly since peaking in early 2022. Once inflation is factored in, prices have dropped…
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Ontario Consumer Insolvencies Hit Highest Level Since The Financial Crisis
Consumer debt stress continues to climb across Ontario, and new data suggests financial pressures are reaching levels not seen since the aftermath of the 2008 Global Financial Crisis. According to the latest figures from the Office of the Superintendent of Bankruptcy (OSB), Ontario recorded its second-highest number of consumer insolvencies ever for the month of…
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Bank of Canada Expected To Hold Rates This Week. Here’s What It Means For Ontario Homebuyers
All eyes will be on the Bank of Canada this Wednesday as policymakers announce their latest interest rate decision, a move that could influence mortgage rates, homebuyer confidence, and the direction of Ontario’s housing market. While many prospective buyers have been hoping for another rate cut, economists overwhelmingly expect the central bank to leave its…
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What You Can Buy In Toronto At Different Budgets Right Now
Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets currently buy across the city as of June 30, 2026. This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market. Click on the links to…
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Ontario Listings of the Week – June 30
Looking for standout Ontario homes for sale? These listings on Realtor.ca include a mix of luxury properties and affordable condos that are getting attention across the province right now. $429,900 – 113 – 80 ASPEN SPRINGS DRIVEClarington (Bowmanville) 🛏️ Bedrooms: 1 + 1🛁 Bathrooms: 1🔗 MLS link $469,000 – 532 MITCHELL RoadCramahe 🛏️ Bedrooms: 2 🛁 Bathrooms: 1🔗 MLS link $599,999 – 60 LYSANDA AVENUELondon South…
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Is Now Finally a Good Time to Buy a House in Ontario?
Ontario’s housing market has looked very different in 2026 than it did just a few years ago. After years of soaring prices, intense bidding wars, and record-low inventory, buyers are finally finding themselves in a stronger position. Home prices have softened in many markets, inventory has climbed, and sellers are becoming more willing to negotiate.…
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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%…
