Mindblown: a blog about philosophy.

Toronto’s condo oversupply will continue affecting home prices, keeping growth below average. GTA home sales remain weak but are expected to improve gradually, including in the condo market.

Land costs account for up to 25% of a new home’s cost, influenced by limited urban expansion. 72% of people support expanding municipal boundaries, while 69% favour higher-density development.

A study found 10 Greater Toronto Area communities where condos sold for under $550K this year. East York in Toronto had the lowest median condo price at $485K, despite a $499K listing price.

Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.

Investors and upgraders/downgraders drive detached home-buying in 40% of GTA, 80% of Fraser Valley. Toronto's detached home market led sales growth, with 34% of neighbourhoods showing stability or growth.

GTA homeowners can earn between $1,800 to $2,600 monthly by renting their basements. Old Toronto leads with potential annual rental income of $31,200, highest in the GTA.

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…