Tag: realtor
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Greater Toronto Area Home Sales Drop 15.8 Percent in November as Buyers Stay on the Sidelines

The Greater Toronto Area saw a sharp slowdown in housing activity in November, with home sales falling 15.8 percent year-over-year. According to new data from the Toronto Regional Real Estate Board (TRREB), only 5,010 homes traded hands last month as affordability pressures, job uncertainty, and high borrowing costs continued to weigh on buyer confidence. While…
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Canadian Mortgage Arrears Climb To Highest Level Since 2020

Canada’s major banks are facing rising borrower stress once again. New data from the Canadian Bankers Association (CBA) shows mortgage arrears have climbed to a 5 year high as of September. The increase comes at a time when the total number of mortgages is shrinking, meaning each delinquent borrower now carries more weight in the…
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Ontario Home Prices Are Down 6.7% – But Is This The Bottom Or Just A Pause?

Ontario home prices have dropped 6.7% year-over-year, with condos down ~8.8% and townhouses down ~7.4%. We break down by property type, explore whether we’re at the floor, and what rate cuts could mean for buyers and sellers. 1. A Breakdown by Property Type The broad “average home price” number doesn’t tell the full story. Here’s…
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ReMax just dropped a report calling for 3.4% more home sales across Canada in 2026

ReMax Canada’s 2026 housing market forecast calls for a 3.4% rebound in home sales, softer prices, and more balanced conditions. Here is what buyers and sellers should know.
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The Median Age To Buy A Home In Ontario Is 40, Report Shows

How old are first-time buyers in Ontario in 2025? See the latest median age, how Ontario compares nationally, why buyers are getting older, city-level “years to save” benchmarks, and practical tips to buy sooner. The quick answer Ontario vs Canada: who’s buying, and when? How long are people saving before they buy? Why this matters:…
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Canadian Home Sales Rise Again in October as Market Momentum Builds: CREA November 2025 Report

Canadian home sales edged up again in October 2025, marking six increases in the past seven months. Here’s what the latest CREA housing market report reveals about sales, prices, inventory, and what buyers and sellers can expect heading into 2026.
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Calgary Becomes the Top Destination for GTA Residents as 2,500 Families Relocate in 2024

A new analysis from Environics Analytics reveals a major migration shift: Calgary is now the number-one out-of-province destination for families leaving the Greater Toronto Area. In 2024 alone, about 2,500 GTA families moved to Calgary, reflecting a growing trend of Ontarians seeking affordability, space, and a more balanced housing market. This westward movement highlights significant lifestyle and economic changes shaping…
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Lethbridge Home Prices Jump Nearly 15 Percent In One Year – September 2025 Update

Lethbridge’s average final sale price hit $437,313 in September 2025, up 14.7 percent year over year. See the breakdown by property type, inventory and months of supply, plus how the city compares across Alberta. Source: Alberta Real Estate Association monthly statistics for Lethbridge, September 2025. Alberta Realtor By Property Type Row homes and apartments posted…

