Tag: toronto real estate
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Bank of Canada cuts key interest rate for first time since March, bringing policy rate to 2.5%

The Bank of Canada has officially lowered its key interest rate for the first time since March 2025, cutting the policy rate by 25 basis points to 2.5%. The move had been widely anticipated by economists, as signs of economic weakness and cooling inflation have been building throughout the summer. Why Did the Bank of Canada…
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As Canada’s Housing Market Sees Gradual Recovery, Ontario Home Prices Will Remain Under Pressure: RBC Report

Canada’s housing market is showing signs of a gradual recovery in the second half of 2025, but Ontario home prices are expected to remain under pressure until at least early 2026, according to a new RBC Economics report. The report highlights a significant shift in supply-demand conditions in Ontario, with more homes for sale than at any point since June 2010. This…
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Toronto Moves Forward on Citywide Upzoning for Sixplexes

Toronto is one step closer to legalizing sixplexes in residential neighbourhoods, after the city’s Planning and Housing Committee voted in favour of expanding multiplex permissions to allow five- and six-unit dwellings across low-rise areas. If adopted by full council later this month, this change would allow detached houses across the city to be redeveloped or…
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Toronto Real Estate Market Update – June 2025

The Toronto housing market is stabilizing in June 2025 as high interest rates, rising inventory, and shifting buyer demand cool what was once Canada’s hottest real estate scene. While some property types are seeing modest price declines, Toronto real estate remains expensive and competitive in key neighborhoods. 📊 Toronto Housing Prices – June 2025 According…
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These 2 Toronto Homes are Listed for $1- But They Are Definitely Not Selling for That

Toronto’s housing market might be cooler than it was a year ago, but don’t let that fool you into thinking you can scoop up a house for the price of your morning coffee. Two semi-detached homes at 38 and 40 Cedarvale Avenue just hit the market for $1– yes, really- but they’re expected to sell…
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Canadian Home Sales Plunge to Lowest Level in Over a Year Amid Escalating Trade War

Biggest Monthly Decline Since May 2022, Reports CREA Canadian real estate is feeling the impact of economic uncertainty, as home sales and new listings sharply declined in February—the first full month of the ongoing trade conflict with the United States. According to the Canadian Real Estate Association (CREA), national home sales dropped nearly 10% month-over-month,…
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Why Economists Are Changing Their Predictions: 50 Bps Rate Cut Likely from Bank of Canada Tomorrow

As the Bank of Canada prepares to announce its interest rate decision tomorrow, December 11, 2024, economists across the country are adjusting their predictions. Initially uncertain, many are now leaning towards a 50-basis-point (bps) rate cut, with top institutions like Scotiabank and the Bank of Montreal (BMO) joining the growing consensus. This decision could have…


