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Greater Toronto Area Real Estate Market Information
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Average asking rents in Canada fall for 16th straight month: report

2/9/2026 | Posted in Rental Market by Jessi Sandhu

Asking rents in Canada fell two per cent year-over-year in January to an average of $2,057, marking the 16th consecutive month of annual rent decreases.

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National housing starts to slow even further, says CMHC

2/10/2026 | Posted in New Developments by Jessi Sandhu

Supply crisis set to worsen in coming years as national housing agency highlights challenges ahead

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GTA Home Sales and Prices Expected to Remain Stable in 2026 Amid Ongoing Affordability Pressures

2/4/2026 | Posted in GTA Real Estate by Jessi Sandhu

The Toronto Regional Real Estate Board’s (TRREB) 2026 Market Outlook and Year in Review report highlights a housing market shaped by improved buyer choice and ... More


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Variable-rate mortgages regain popularity as Morningstar flags rising risks

2/1/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Morningstar DBRS says mortgage portfolios should hold up in 2026 despite a soft housing market, while warning that rising variable-rate use and Alt-A exposure are key areas to ... More


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BoC to stay on hold through 2026 after latest GDP update, economists say

1/30/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s economy looked to have stalled heading into year‑end, and that has forecasters leaning harder toward a Bank of Canada rate freeze that could stretch ... More


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OSFI leaves mortgage stress test in place, reaffirms LTI limits for lenders

1/29/2026 | Posted in Home Buyers by Jessi Sandhu

OSFI offered no new direction on the qualifying rate, but reiterated that loan-to-income caps for uninsured mortgages remain in place and opened a new six-month consultation ... More


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Bank of Canada announces first rate decision of 2026

1/28/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada is holding its benchmark interest rate steady to begin the year, keeping that trendsetting rate unchanged as it weighs up the economic outlook for 2026.

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New condo sales in Greater Toronto Hamilton Area plunge to lowest level since 1991

1/21/2026 | Posted in GTA News by Jessi Sandhu

Sales of newly completed condominiums in the Greater Toronto Hamilton Area fell last year to the lowest level since 1991, as a record 28 active condo projects were ... More


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Stable rents, lower vacancy: More good news for office sector

1/16/2026 | Posted in Commercial Real Estate by Jessi Sandhu

Return-to-office mandates are having a major impact on leasing, as vacancy has dropped in the majority of markets nationwide, according to a new report.

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CREA Updates Resale Housing Market Forecast for 2026 and 2027

1/16/2026 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

The Canadian Real Estate Association (CREA) has updated its 2026 forecast for home sales activity and average home prices via the Multiple Listing Service® (MLS®) ... More


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Buyers face 'genuine window of opportunity' in spring: Royal LePage

1/15/2026 | Posted in Canadian Housing Market by Jessi Sandhu

Canada’s housing market headed into 2026 with more opportunity than urgency, as lower borrowing costs met wary buyers and uneven regional price trends.

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Here's why some executives are bullish on Canada's commercial real estate outlook in 2026

1/16/2026 | Posted in Commercial Real Estate by Jessi Sandhu

After a bumpy few years for Canada’s commercial real estate market, experts in the space are seeing cautious cause for optimism in 2026 and some signs that a better year ... More


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Ontario looks to pause affordable housing requirements near transit hubs in Toronto, Mississauga, Kitchener

1/15/2026 | Posted in Ontario News by Jessi Sandhu

Province says inclusionary zoning deters construction, opposition says affordable units sorely needed

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Home Sales in Canada End 2025 Quietly

1/15/2026 | Posted in Canadian Housing Market by Jessi Sandhu

Canadian home sales dipped 2.7% month over month in December 2025. For the full year, MLS® transactions totalled 470,314 units, down 1.9% from 2024, reflecting a volatile ... More


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Average asking rents in Canada fell year-over-year every month of 2025: report

1/12/2026 | Posted in Rental Market by Jessi Sandhu

Asking rents in Canada fell 2.3% year-over-year in December to an average of $2,060, marking a full calendar year of declines as prices reached their lowest level in 30 ... More


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BoC to hold steady in 2026, start hiking again next year: RBC

1/9/2026 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

Don’t count on rate cuts anytime soon, said banking giant.

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December jobs data likely to keep Bank of Canada on hold

1/12/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Hiring remained soft and unemployment ticked higher, but the central bank still isn't expected to cut soon

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Office vacancy rate dips as return-to-office shift picks up: CBRE report

1/8/2026 | Posted in Commercial Real Estate by Jessi Sandhu

The Canadian office vacancy rate dipped last year for the first time since the pandemic as the return-to-office trend accelerated, said a report out Wednesday from CBRE ... More


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Bank of Canada likely done with rate cuts, says BMO

1/5/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada appears to have reached the end of its cutting cycle as 2025 drew to a close, a shift that carries clear implications for mortgage borrowers heading into ... More


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More pain could be ahead for Toronto's micro condo market in 2026

1/12/2026 | Posted in Condos For Sale by Jessi Sandhu

Don’t expect the sector to rebound anytime soon despite falling prices

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"It's going to get worse in Ontario:" Here's what experts predict will happen to the housing market in 2026

1/9/2026 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

Ontario home prices fell significantly over the past two years and some experts are advising prospective home buyers to sit tight and watch as further drops are expected in ... More


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2025 Ends with More Affordable Market and Paves the Way for Year of Recovery: TRREB

1/7/2026 | Posted in GTA Real Estate by Jessi Sandhu

Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory ... More


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Toronto housing ends 2025 on downswing, but recovery could come this year: board

1/7/2026 | Posted in GTA Real Estate by Jessi Sandhu

Greater Toronto home sales fell again on an annual basis last month, as buyers remained on the sidelines much like they did for the majority of the year amid a lack of ... More


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City council approves luxury land transfer tax hike

12/17/2025 | Posted in Toronto News by Jessi Sandhu

Saying the wealthiest can afford to pay more, Toronto mayor Olivia Chow has increased the tax level on sales of homes over $3 million.

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