Bank of Canada flags condo glut as new drag on growth

5/1/2026 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

Central bank warned housing slump and tariffs threaten Canada’s fragile recovery ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Condo Buyers, Condo Market, Condo Owners, Condo Prices Toronto, Condo Sales Toronto, GTA Condo Market, New Condos, Preconstruction Condo Sales, Toronto Condo Market

Will GTA Cities Follow Vaughan in Cutting Development Charges?

5/1/2026 | Posted in GTA News by Jessi Sandhu

The City of Vaughan has made a bold move to jump-start housing construction by temporarily eliminating development charges on new residential projects. Will other GTA ... More

Tags: Housing Affordability, New Condos, New Developments, New Homes, Vaughan

Ford government poised to waive HST on all new homes as sector struggles

3/16/2026 | Posted in Home Buyers by Jessi Sandhu

The Ford government is poised to offer all home buyers a significant tax discount on newly built homes, in a major expansion of a government program designed to breathe life into ... More

Tags: HST New Housing Rebate, New Condos, New Home Sales, New Homes, Ontario Government, Ontario Living

"It's just a really bad market": Toronto condo purchases still make little sense for investors

2/10/2026 | Posted in Toronto Real Estate by Jessi Sandhu

Prices are still sliding – but lower rents and weaker demand are keeping investors away from the market ... More

Tags: Condo Living, Condo Market, GTA Condo Market, Micro Condo Market, New Condos, Toronto Condo Market, Toronto Condo Oversupply

Housing starts in much of southern Ontario down in first nine months of 2025: report

12/1/2025 | Posted in Ontario Real Estate by Jessi Sandhu

The Residential Construction Council of Ontario says housing starts in the Greater Toronto Area and broader Greater Golden Horseshoe region declined significantly in the first ... More

Tags: Greater Toronto and Hamilton Area Real Estate, GTA Real Estate Market, Housing Starts, New Condos, New Developments, New Homes

New GTA condo sales fell by 44% in September compared to 2024

10/29/2025 | Posted in GTA Real Estate by Jessi Sandhu

Newly-built condos in the Greater Toronto Area continued to be a difficult sell in September, with a 44 per cent drop in sales compared to the same month a year ago. ... More

Tags: Condo Buyers, Condo Living, Condo Prices Toronto, Condo Sales Toronto, GTA Condo Market, New Condos, Preconstruction Condo Sales, Toronto Condo Market

Investors flee Toronto condos as market shifts to 1st-time homebuyers: report

10/23/2025 | Posted in Condos For Sale by Jessi Sandhu

Toronto’s condo market is undergoing a major transformation, and investors are heading for the exit. ... More

Tags: Condo Buyers, Condo Living, Condo Market, Condo Owners, Condo Renters, Condo Sales Toronto, GTA Condo Market, New Condos, Preconstruction Condo Sales, Toronto Condo Market

GTHA condo market falls to 35-year low, report shows

10/17/2025 | Posted in GTA Real Estate by Jessi Sandhu

Once the country’s hottest real estate region, the Greater Toronto and Hamilton Area condo market hit a 35-year low this year, according to a new report by real estate ... More

Tags: Condo Living, Condo Prices Toronto, Condo Sales Toronto, Greater Toronto and Hamilton Area, GTA Condo Market, GTA Real Estate Market, New Condos, Toronto Condo Market

Home construction in Ontario is at a 'standstill', housing minister says

8/25/2025 | Posted in Ontario News by Jessi Sandhu

Ontario’s housing minister is acknowledging that new home construction in the province is at a “standstill,” potentially derailing the Ford government’s ... More

Tags: New Condos, New Developments, New Homes, Ontario Government, Ontario Living, Ontario Real Estate, Ontario Real Estate News

Building Industry reports worst February on record for new home sales in the GTA

3/27/2025 | Posted in GTA Real Estate by Jessi Sandhu

Greater Toronto Area (GTA) new home sales remained historically slow in February, marking the lowest ever February on record, the Building Industry and Land Development ... More

Tags: BILD, GTA Condo Market, GTA Real Estate Market, New Condos, New Homes

U.S. tariffs set to slow pace of homebuilding in Canada: CHBA

3/5/2025 | Posted in New Developments by Jessi Sandhu

Canada’s building industry is warning that a trade war with the United States will slow down the pace of home construction. ... More

Tags: New Condos, New Developments, New Homes

Canada's condo slowdown opens door for big developers to take over

3/3/2025 | Posted in Real Estate Market by Jessi Sandhu

As small investors exit, deep-pocketed firms ramp up rental construction ... More

Tags: Canadian Housing Market Slowdown, Condo Living, Condo Living, Condo Market, Condo Renters, GTA Condo Market, New Condos