Mindblown: a blog about philosophy.
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Halton Region’s home prices see modest rise to $1.24 million in May 2025
In May 2025, Halton Region's average home price was $1.24 million, a 0.2% increase from April but 2.6% lower than May 2024. Sales rose 4.4%, and active listings surged 63.6% year-over-year. Detached homes averaged $1.52 million, down 4.1% monthly and 7.8% annually. Apartment-style condos saw a 7.8% monthly and 14.6% annual price increase. Prices have…
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Top 5 Underbidding GTA Neighbourhoods in Early-Q2
1. Lawrence Park – Median sold price: $4.6M – Median underbid amount: $312K 2. Eastlake – Median sold price: $3.3M – Median underbid amount: $241K
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Check out my new listing Address: 60 Canterbury Drive #20, St. Catharine
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Study finds GTA home listings with renovations sell for more
A 2024 survey shows 64% of Canadian homebuyers prefer renovated homes, which sell at a premium. In the Greater Toronto Area, renovated homes have a median price about 4% higher than non-renovated ones. Toronto city shows the largest premium at 7%, with renovated homes priced $89,000 more. Renovated kitchens and bathrooms are highly valued features,…
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Top 5 Overbidding GTA Neighbourhoods in Early-Q2
1. Bickford Park – Median sold price: $1.3M – Median overbid amount: $201K 1. Bickford Park – Median sold price: $1.3M – Median overbid amount: $201K
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Toronto’s Construction Costs Lag Behind Vancouver’s
Toronto's construction costs are lower than Vancouver’s, particularly in residential and commercial sectors. In Toronto, the cost of concrete high-rise buildings is closer to $300 per sq. ft, lower than Vancouver.
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Sales of homes under $500K booming in the Greater Toronto Area
Home sales and prices in the Greater Toronto Area are down, with the average home price at $1,107,463, a 4.1% drop from last year. However, condos priced under $500,000 are seeing a surge, especially in Halton and Peel regions. Sales of condos between $400,000 and $499,999 rose 20%, while those between $300,000 and $399,999 increased…
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How much value does parking add to a GTA condo?
In the Greater Toronto Area, buying a one-bedroom condo with parking can cost over $200,000 more in neighborhoods like Riverdale, Deer Park, and The Annex due to scarce street parking. In contrast, areas like Bloor West Village see minimal parking premiums. While some buyers skip parking to save money in transit-friendly areas, having a parking…
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Is the GTA Housing Market Frozen in Fear?
Toronto home sales plunged 23.3% year-over-year in April 2025, amid economic fears and soaring new listings. Sales Plunge Detached: drop 21.7% Townhouses: fall by 22.9% Semi-detached: down 10% Condo: plunge 30%+
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Condo Market Report
In Q1 2025, GTA condo sales dropped 21.7% to 3,794, while new listings rose 25.2% to 14,544, giving buyers more negotiating power. The average selling price fell 2.2% to $680,146. High rental supply kept many renters from buying, opting for lower rents instead. Expected rate cuts and improved economic confidence may boost condo demand later…
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