Tag: real estate
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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 May 22, 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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Canada Hits Worst Insolvency Levels Since The Financial Crisis – Here’s What It Could Mean For Canadians
Canada is seeing its highest insolvency levels since the 2009 financial crisis, according to new data from the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) and the Office of the Superintendent of Bankruptcy (OSB). More than 37,000 Canadians reportedly filed for insolvency during the first three months of 2026 alone – averaging roughly 17…
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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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Brampton Now Has Canada’s Highest Mortgage Delinquency Rate
New data suggests more homeowners in Brampton are falling behind on mortgage payments as financial pressure continues building across parts of the Greater Toronto Area. According to data from Equifax Canada highlighted by The Globe and Mail, Brampton now has the highest mortgage delinquency rate in Canada at approximately 0.6% – nearly three times the…
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What $1M Gets You in Canada Right Now (Toronto vs Calgary vs Atlantic Canada)
A $1 million budget used to mean a luxury home in most of Canada. Now, it depends entirely on where you’re buying. From 2 bed condos in Toronto to waterfront properties in Atlantic Canada, the gap is still massive. Here’s what $1M actually gets you across different markets right now. Toronto What $1M Gets You: Link to…
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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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Canada’s Aging Population Could Create a Major Housing Shift by 2030
Canada’s housing market may be heading for a major demographic shift. As the country’s population ages, more homes could eventually move through the market because of downsizing, inheritance, estate sales, or seniors transitioning into different types of housing. But the shift may not happen quickly. According to CMHC, many older Canadians are staying in their…
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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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Ottawa Area Dominates List of Most Affordable Housing Markets
A new report suggests that some of Ontario’s most affordable housing markets are not in the province’s largest cities, but instead clustered around the Ottawa region. According to recent data, seven of the top 10 most affordable housing markets in Ontario are located in Ottawa and the surrounding Ottawa Valley, highlighting a growing regional divide…
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Toronto Rents Just Hit Their Lowest Level in Nearly 4 Years
Toronto’s rental market is continuing to cool, with new data showing prices have dropped to their lowest level in years. According to a new report from Rentals.ca and Urbanation, average asking rents in Toronto have fallen to their lowest level since May 2022, marking a 46-month low. Rents Continue to Decline Across Toronto The latest…
