Category: Uncategorized
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Markham Homes Become More Affordable at $1.07 Million
The average home price in Markham was $1.07 million in February 2026, down 2.9% from January and 11.8% from February 2025. Detached houses averaged $1.51 million, semi-detached $1.1 million, attached $1.15 million, townhouse-style condos $760,760, and apartment-style condos $570,436. Sales increased 4% year-over-year, while active listings decreased 3.3%. Prices have risen nearly 20% since 2016.…
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Why Is Toronto’s Housing Market Struggling in 2026? | Watch Today’s Real Estate Updates & Tips
Home sales have declined for several consecutive months, indicating weakening demand. Elevated housing inventory continues shifting market power toward buyers. Home prices have dropped year-over-year after nearly two years of declines. Slower immigration and migration to other regions may further reduce demand.
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First-Time Homebuyers Can Now Save Up to $50,000 On Taxes
Bill C-4, the Making Life More Affordable for Canadians Act, introduces a First-Time Home Buyers' GST/HST Rebate allowing buyers to recover up to 100% of the GST or federal HST portion (up to $50,000) on new or substantially renovated homes up to $1.5 million until 2031. Eligibility includes being a first-time buyer, Canadian resident, and…
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York Region home prices jump 2.1 per cent to $1.13 million in February 2026
The average home price in York Region was $1.13 million in February 2026, up 2.1% from January but down 9% year-over-year. Sales totaled 683 with 3,704 active listings. Detached houses averaged $1.47 million, semi-detached $999,147, attached $1.05 million, townhouse-style condos $748,960, and apartment-style condos $571,250. Prices rose significantly compared to February 2016 across all home…
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GTA Home Sales and Prices Decline Again | Watch Today’s Real Estate Updates & Tips
February 2026: 3,868 resale sales, extending a year-long correction across condos to luxury homes. New listings ↓17.7% to 10,705 as potential sellers also moved to the sidelines. Prices ↓: benchmark ↓7.9% yearly; avg price ↓7.1% to $1,008,968; all ↓ vs January. TRREB cites buyers waiting: >100,000 holding off, seeking trade news and clearer economic signals.…
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GTA Home Prices Declined 7.1% | Watch Today’s Real Estate Updates & Tips
February 2026: 3,868 sales; new listings ↓17.7% to 10,705. Benchmark HPI ↓7.9% yearly; avg price ↓7.1% to $1,008,968. Seasonally adjusted, sales, listings, benchmark, and avg price were all ↓ vs January. Officials cite buyers waiting for prices to level off, trade news, and clearer economic signals; >100,000 holding off.
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Cheapest neighbourhoods for homebuyers in Greater Toronto Area last month
Home prices in the Greater Toronto Area remain lower than a year ago, with the average selling price down 7.1% to $1,008,968 and the composite benchmark price down 7.9%. The least expensive neighborhoods are mainly in areas with many condos, such as central Mississauga, where the median price was $475,000. Brampton’s Queen Street corridor had…
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Toronto Condo Market Faces Another Slump | Watch Today’s Real Estate Updates & Tips
Average condo price now $626,650, down from just under $800,000 four years ago. GTA condo sales last month ↓ to 1,088, more than 60% lower than four years earlier. In $700K-$800K range, sales went from 784 in Feb 2022 to 88 in Feb 2026. Preconstruction buyers may owe up to hundreds of thousands if appraisals come…
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Toronto Home Prices Offer New Opportunities for Buyers
Home sales in the Greater Toronto Area fell 6.3% in February, with 3,868 homes sold, and average prices dropped 7.1% to about $1 million. New listings decreased 17.7%, and total active listings fell 2.4%. Buyers are waiting for prices to stabilize and positive trade news before purchasing. All property types saw sales declines, with condos…
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Toronto Housing Market Poised for New Opportunities This Spring
Home sales in the Greater Toronto Area declined 6.3% year-over-year in February, with average prices down 7.1% to about $1 million. New listings fell 17.7%, reducing inventory by 2.4%. Buyers are waiting for prices to stabilize, but constrained supply may increase competition and prices later. All property types saw fewer sales, with condos dropping 12%.…