Tag: Toronto Real Estate Market
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Average GTA Home Price Falls Below $1.06M – Lowest in 3 Years

The average GTA home price dropped to $1,059,377 in September 2025, the lowest level in three years. See how far prices have fallen since the pandemic peak and what’s driving the decline.
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Toronto Home Sales Jump 44% in October as Rate Cuts Draw Buyers Back to the Market

Toronto’s real estate market saw a major upswing in October, with home sales in the Greater Toronto Area (GTA) surging 44.4% year-over-year, according to the Toronto Regional Real Estate Board (TRREB). Industry experts say recent rate cuts by the Bank of Canada have boosted affordability and spurred buyers to return to the market, especially as…
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How Much Income You Need to Own a Home in Canada: June 2024 Update

A slight dip in interest rates in June improved home buying conditions for some Canadians, with affordability increasing in nearly half of the nation’s major markets. The latest Ratehub.ca affordability report, based on real estate data from May and June 2024, found that the required income to purchase a house lowered in six of the…
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Toronto Unemployment Surges to 317K, Surpassing Entire Province of Quebec

Toronto’s unemployment crisis is a major concern for Canada’s economy. Data from Statistics Canada reveals that Greater Toronto’s unemployment rate sharply increased in May, contributing significantly to the national trend of rising unemployment. This surge in unemployment, particularly in Southern Ontario, highlights a troubling shift from economic driver to a significant drag on the national…
