Category: Uncategorized

  • GTA Signals a Hotter Summer Real Estate Market

    GTA Signals a Hotter Summer Real Estate Market

    The avg selling price for homes in the GTA in May was $1,165,691, a 2.5% decrease yearly. GTA housing market saw stable sales in May at 7,013 transactions, ↓ 21.7% yearly.

  • GTA Housing: Overbidding Trends Decline to 36%

    GTA Housing: Overbidding Trends Decline to 36%

    ~60% of GTA neighbourhoods were in underbidding territory in May, with 4% of homes selling for asking price.For single-family homes and townhouses, 53% of GTA neighbourhoods were in overbidding territory last month.

  • Property tax hike expected in Oakville

    Oakville's 2025 budget process has begun with staff warning of rising costs. Property taxes are expected to increase by about four per cent to cover higher salaries, benefits, and operating expenses. The budget will also include funds for projects like the Sixteen Mile Community Centre, electric buses, and the downtown cultural hub. The Oakville Public…

  • Home buyers looking for deals in expensive Oakville neighbourhoods

    Three Oakville neighbourhoods, including southwest Oakville, Eastlake, and Old Oakville, are experiencing underbidding for home sales, despite high median prices. The Bank of Canada's recent rate cut may boost buyer confidence. Overbidding in the GTA real estate market decreased for the second consecutive month in May, with 36% of neighbourhoods in overbidding territory. Continue to…

  • Could a new plan to get affordable housing in Toronto ‘unstuck’ work?

    Toronto city councillors will consider a plan to spend $350 million on financial incentives to build 6,000 affordable rental units. The Rental Supply Housing Program aims to accelerate construction by providing up to $260,000 per unit. The city hopes to address the housing crisis by fast-tracking projects and creating affordable housing for low-income workers and…

  • GTA Condo Sales Slump Hits High:Density Land Market

    GTA Condo Sales Slump Hits High:Density Land Market

    Fewer condo sales lead to fewer high-density land sales in the GTA. Developers are reluctant to lower condo prices due to high land acquisition costs.

  • GTA Real Estate Sales Down Despite Overall Increase

    GTA Real Estate Sales Down Despite Overall Increase

    Detached homes sales: 3,238 in May, ↓ 19.4% yearly Semi-detached homes sales: 616 in May, ↓ 21.3% yearly

  • Happy Canada Day

    Happy Canada Day

    To all Canadians around the world, a very happy Canada Day to you all. This day commemorates the unification of the three North American British colonies. Canada Day is a celebration of a united Canada and examining its defects, past and present, should not lead us to overlook its strengths. So let’s pour our hearts…

  • Building Forward: 1.5M Homes Needed in GTA

    Building Forward: 1.5M Homes Needed in GTA

    1.5M new homes are needed in the GTA to address the current supply shortage. Today's homes are being built to last and form the backbone of future housing stock.

  • Social Cost of GTA Housing Crisis Reaches $37B

    Social Cost of GTA Housing Crisis Reaches $37B

    A study by the Canadian Centre for Economic Analysis found that the social cost of housing unaffordability in the GTA is $37B.This cost is comparable to the social cost of major health challenges like diabetes and heart disease.