Category: Uncategorized

GTA condominium prices fell to $651,000 in July, the lowest since February 2021. Condo values dropped 9.3% year-over-year, outpacing the broader market’s 5.5% price decline. A record influx of newly completed condos is extending selling times and increasing negotiation opportunities. Sales volumes rose 5.8% in July, marking the strongest July since 2021 despite falling prices.…

July 2025: 6,100 sales, ↑10.9% YoY New listings: 17,613, ↑5.7% YoY Average price: $1,051,719, ↓5.5% YoY Market tightening as sales outpace listings Foreign buyer ban exemptions and future relief discussed

Toronto home resales rose 8.4% in May—second consecutive monthly increase. Signs suggest worst-case fears may be fading fast.

↓ 60% new home sales YoY in June; only **510** sold vs. **2,801** 10-yr avg. Condo sales ↓ 67% YoY; **217** sold, 89% below 10-yr avg. Single-family sales ↓ 53% YoY to **293**; 62% below historical norm. High building costs (~$1.5M single-family, $1M condos) and economic uncertainty cited as main causes. Record **22,254** homes on…

Townhouse sales declined just ↓ 4% Q1–Q2, outperforming condo segment sharply. 13 projects launched Q2 with 53% of released units sold—signs of demand resilience. Avg sale price $867K—off peak but holding better than high-rise units. Townhouse projects rebounding after tariff effects, with investor attention returning. Lower risk profile than condos makes townhouses a safer investor…

A full housing market crash in Toronto is unlikely due to continued demand for city living. The mortgage stress test helps prevent mass defaults, lowering crash risk.

GTHA multi-family sales ↓ 67% yearly in the first half of 2025—now deepest discount territory in Canada. Unsold inventory in new condos surges, giving leverage to value-seeking investors. 52 developments dropped prices in 2025, creating ripe buying conditions for strategic entry. Long-term supply drop projected post-2026—entry now may capture future scarcity upside. Investor incentives rising:…

Detached homes = nearly 50% of all GTA sales — first-time buyers are leading! Key Toronto areas: $850K–$1.2M homes selling fast, often with multiple offers. Central core avg. days on market: 19; $1.8M–$2.2M segment also strong. The $2.8M–$3.3M “swing market” is slow — too much inventory, not enough action. Delayed spring market arrived in Early-Summer,…