Tag: toronto condo prices
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Nearly Half of New GTA Condo Sales Are Being Bought by Investors at Discounts of Up to 40%

Toronto’s struggling condominium market is seeing a surprising shift, with investment groups accounting for nearly half of all new condo sales across the Greater Toronto and Hamilton Area (GTHA) during the third quarter of 2026. According to the latest report from real estate research firm Urbanation, bulk investors purchased 339 new condominium units during Q3,…
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Here’s How Much Toronto Home Prices Have Fallen By Property Type

Home prices across the Greater Toronto Area are still lower than they were a year ago, but the size of the decline depends heavily on what type of home you’re looking at. The average GTA home sold for $1,003,956 in July 2026, down 4.5% compared with July 2025. The MLS Home Price Index benchmark also…
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Canada’s Banking Regulator Warns Banks About Condo Mortgage Appraisals as Prices Fall

Canada’s banking regulator is raising concerns about how some mortgage approvals are being handled as condominium prices decline across major cities like Toronto and Vancouver. New documents obtained by Reuters show that the Office of the Superintendent of Financial Institutions (OSFI) warned major Canadian banks about the risks of using “blanket appraisals” for condo mortgages…


