Toronto’s housing starts have dipped 10% compared to last year—a reminder of how construction activity can ebb and flow, especially in our city’s larger urban market. As a real estate agent who’s worked across Markham and the GTA for nearly two decades, I keep a close eye on these shifts. Right now, Toronto is tracking 37 building permits linked to 6,600 condo apartment units that haven’t yet broken ground. While some projects are on pause, it’s important to remember that pre-sales for these condos likely happened months ago, before the recent slowdown in sales activity. Housing-start data always lags behind what we see on the ground because these developments move through several phases—planning, pre-sales, permits—long before construction crews arrive. In other words, today’s numbers may actually understate the activity we’ll see in coming months as these permitted condos work their way through the pipeline. For buyers, sellers, and investors, understanding this timeline is key to making informed decisions in our evolving market.
Category: Latest Posts
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Some GTA homes sold in under two weeks last month
Homes in Alderwood, Etobicoke, sold fastest in the GTA in July, averaging 10 days on the market, while Chaplin Estates in Old Toronto had the slowest sales at 77 days. Established, family-friendly neighborhoods with good transit and schools saw quicker sales, especially single-family homes. Other fast-selling areas included Palmer, Uptown Ajax, and Dovercourt Park. Buyer interest in the GTA declined slightly, with many first-time buyers.
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Happy Labour Day! | Watch Today’s Real Estate Updates & Tips
Labour Day in Canada marks a well-earned break celebrating workers and the unofficial end of summer, when everyone suddenly remembers all the things they meant to do in August.
It’s the last big excuse for barbecues, lake trips, and squeezing in one more summer adventure before routines and school schedules take over again.
Stores and sidewalks feel a little calmer, while patios and parks get their final big rush of summer energy and “just one more weekend” vibes.
Happy Labour Day! Wishing you a relaxed, fun-filled long weekend with good food, no alarms, and maximum enjoyment before fall shows up uninvited. -
Markham Sees Strong Sales Growth in July 2026
Markham's real estate market showed notable momentum in July 2026, with an 8% year-over-year increase in homes sold. This uptick in activity signals renewed buyer interest and a healthy pace of transactions. For those considering entering the market, this level of demand highlights Markham's ongoing appeal.
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How to Know if a Home Fits Your Lifestyle? | Watch Today’s Real Estate Updates & Tips
Research local schools even if you don’t have kids — they influence home values.
Consider internet availability and speed, especially for remote work or streaming needs. -
Expert Tips for Selling Your Home This Fall and Winter | Watch Today’s Real Estate Updates & Tips
Prep Early: Complete exterior maintenance—fix gutters, repaint, rake leaves, and brighten windows before cold weather limits improvements.
Warm and Welcoming: Keep interiors cozy and decorated; personal touches help buyers imagine themselves living there.
Avoid Neglect: Maintain curb appeal, keep utilities on in vacant homes, and price realistically to attract serious buyers.
Smart Offer Choices: Don’t just chase the highest price—consider buyer reliability, timing, and financing for the best outcome.
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Is Toronto’s Market Finally Stabilizing? | Watch Today’s Real Estate Updates & Tips
Toronto housing activity showed signs of stabilization after extended periods of weak buyer demand and cautious market sentiment.
Increased inventory is providing more options for purchasers while reducing pressure from competitive bidding situations.
Condo segments remain under pressure as investor demand stays relatively subdued compared with previous years.
Industry analysts expect gradual improvement through late 2026 rather than a rapid market rebound. -
HST rebate continues to boost sales of new single-family homes in GTA but condo segment remains sluggish: report
The HST rebate has been a real game-changer for the GTA’s new single-family home market. In Q2 2026, new home sales in Ontario jumped 130% to reach 8,410 units, thanks to the enhanced HST rebate of up to $130,000. This surge not only supported 17,300 construction jobs but also protected $2.8B in GDP and maintained $1.4B in government revenue. While condo sales remain on the quieter side, these numbers highlight how policy shifts can directly impact our local housing landscape. With nearly two decades of experience helping clients buy, sell, and invest across the GTA, I’ve seen firsthand how incentives like these can open doors for buyers and keep our communities thriving. If you’re curious about how current market trends might affect your real estate plans, I’m always here to share insights tailored to your goals.
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