Mindblown: a blog about philosophy.
-
More Homes Available for Buyers in Greater Toronto Area 2025
Home sales in the Greater Toronto Area in 2025 hit their lowest level since 2000, with only about half of listed homes selling. Nearly 47% of unique listings expired, were terminated, or remain unsold. There were 60,597 resale transactions, less than half the peak in 2021 and lower than during the 2008 financial crisis. The…
-
97% Underbid: GTA Homebuyers Regained Leverage | Watch Today’s Real Estate Updates & Tips
Slide 1 Nearly four in five GTA homes sold below asking—buyers finally have leverage. Slide 2 In November, 97% of GTA neighbourhoods saw homes sell under asking. Slide 3 That’s the second-highest underbidding level since tracking began in 2022. Slide 4 Competition didn’t vanish—it clustered under $1M neighbourhoods with better affordability. Slide 5 Most overbidding…
-
Could GTA’s Residential Housing Be the Smarter Investment? | Watch Today’s Real Estate Updates & Tips
Commercial investment volume in the GTA fell ~22 % year‑over‑year in the first half of 2025. Industrial and office sectors posted weaker performance; multifamily remained flat. By contrast, the residential housing market is shifting toward a more “balanced” state. A “balanced” market means neither buyers nor sellers dominate—more normalised conditions. For investors: residential assets may offer clearer…
-
7 Tips for First-Time Home Buyers with Bad Credit in Ontario
Buying your first home in Ontario can be challenging, especially with bad credit. Understanding your credit score is crucial, as it affects mortgage eligibility. First-time buyers can benefit from programs like the Land Transfer Tax Rebate and the RRSP Home Buyers' Plan. Increasing your down payment can improve your chances with lenders. Alternative lending options…
-
Could This Dip Be Toronto’s Homebuying Opportunity? | Watch Today’s Real Estate Updates & Tips
November sales ↓ 15.8% YoY to 5,010 units Avg. price still > $1M, but ↓ 6.4% YoY New listings ↓ 4%, active inventory ↑ 16.8% Condo sales ↓ 21.7% across GTA; all property types down Strong jobs data may revive optimism, but market recovery needs clearer long-term certainty.
-
Don’t Blow The Deal: Your Guide To Real Estate Counteroffers
Counteroffers in real estate occur when sellers respond to buyers' offers with changes to price, closing date, contingencies, or earnest money. Negotiations can involve multiple back-and-forths and focus on items like possession date, repairs, and closing costs. Buyers should make strong, data-backed offers, understand all costs, respond promptly, and remain unemotional, knowing walking away is…
-
How much you need for a down payment
A down payment is the initial amount paid when buying a home, with minimums set at 5% for homes up to $500,000, 5% on the first $500,000 plus 10% on the remainder up to $1 million, and 20% for homes $1 million or more. Down payments under 20% require mortgage loan insurance, with premiums from…
-
Greater Toronto 2026 Housing Secrets REALTORS® Wish You Knew! | Watch Today’s Real Estate Updates & Tips
2026 may be calmer, giving buyers a break from crazy competition. GTA listings stabilized at ~14,800 active homes as buyer confidence rises. Extra listings mean you can negotiate and pick your dream home wisely. Detached homes to dip only ~1%, but condo prices may drop ~6.5%. GTA price growth likely stays in single digits through…
-
What’s Next for GTA Housing in 2026? | Watch Today’s Real Estate Updates & Tips
Greater Toronto Area home prices are forecast to decline about 4.5% in 2026, continuing correction from recent peaks. Detached homes expected to dip slightly (~1%), offering modest price relief but still high relative to historical norms. Condominium prices projected to fall more (~6.5%), reflecting softer demand and increased inventory. Sales activity likely to increase modestly…
-
What Hidden Renovation Lies in Aging Toronto Homes? | Watch Today’s Real Estate Updates & Tips
60% of Toronto homes were built before 1981 and need major upgrades. Stalled new construction pushes homeowners to renovate instead of buying new. Energy-efficient retrofits, windows, insulation, and soundproofing lead 2025–26 trends. Smart-home tech and open-plan remodels suit condos and compact homes. Renovated Toronto homes sell roughly 7% higher than non-renovated peers.
Got any book recommendations?