Mindblown: a blog about philosophy.
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Why Does Toronto’s Housing Market Show a Stark Split?
Toronto’s housing market faces a widening divide, with Ontario lagging behind the rest of Canada. Despite a stable market, Toronto's condo sector reveals a weak spot in the national housing scene.
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Is GTA’s Housing Market Slowing Down in Early-Q1?
GTA REALTORS® reported 3,847 home sales in January 2025, a 7.9% decrease from last year. Despite fewer sales, new listings surged 48.6% year-over-year, reaching 12,392 in January 2025.
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GTA New Home Sales Plummet to 40-Year Low
GTA new home sales hit a 40-year low in December, with only 310 units sold.New condo sales in December ↓ 63% yearly, and were 86% below the 10-year avg.
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Happy Nowruz
Nowruz is a 3,000-year-old festival, making it one of the oldest in the world. Haft-Sin is a Nowruz table, featuring 7 symbolic items, all beginning with "sin" and representing different aspects of life. Nowruz celebrated by over 300M worldwide, including Iran, Afghanistan, Tajikistan, Uzbekistan, Azerbaijan, and many more. Nowruz is a time for forgiveness and…
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Tips for First-Time Home Buyers in Toronto
Toronto Market Overview: – High demand, frequent bidding wars – Avg home price exceeds $1.1M – Mortgage pre-approval is essential First-Time Buyer Assistance: – Withdraw $60K tax-free from RRSP – $1,500 rebate with Tax Credit – Save $40K via First Home Savings
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Which Home Upgrades Provide the Best ROI for Resale?
Strategic home upgrades can enhance value and attract buyers in competitive markets. Key improvements include modern kitchens, updated bathrooms, and energy-efficient features. Minor kitchen remodels can yield a 75-80% ROI, while bathroom updates offer 60-70%. Enhancements like landscaping and fresh paint can increase offers by 5-10%. Energy-efficient upgrades and smart home technology appeal to buyers…
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Happy St. Patrick’s Day
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.
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Average rent in Oakville, ON
Rent prices in Oakville, ON have decreased by 7% over the past month and year. As of March 2025, the median rent for all bedroom counts and property types is $2,600, which is 32% higher than the national average. The average monthly rent for an apartment is $2,551, with 1-bedroom apartments averaging $2,276 and 2-bedroom…
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Reforming Development Charges: Cutting GTA Housing Costs?
Development charges have soared up to $163,000 per home in GTA, increasing housing costs significantly.Development charges fund vital infrastructure like water, roads, and sewage for new housing projects in Ontario.
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Will Toronto Embrace Bigger Multiplexes?
A pilot program in a northern ward aims to allow five- and six-unit multiplexes to address housing needs. Around 61% of residential lots in the area are suitable for sixplexes, supporting increased housing density.
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