Mindblown: a blog about philosophy.

International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…

High condo supply in the GTA has allowed buyers to negotiate lower prices. In December 2024, 80% of condos in the GTA sold below the asking price.

Tax cuts led to a temporary increase in rental construction in Toronto, but the effects were short-lived. The GTHA saw rental starts surge from 16% to 27%, tripling in Toronto to 51%.

Greater Toronto Area prices expected to ↑ 5% by Q4 2025 compared to the previous year. Real Estate demand is forecast to grow, with faster home sales and decreased market time in 2025.

Market expectations for a 25-basis-point rate cut at the Bank of Canada’s March 12 meeting fell to under 30%. Analysts argue inflationary pressures and job market strength do not justify further monetary policy easing.

Toronto expands support for higher-income earners, enabling families earning up to $160,000 to access homeownership aid. The Home Ownership Assistance Program (HOAP) eligibility now includes households in the 80th income percentile, up from 60th.

A developer seeks to amend Oakville's official plan to build 16 towers at 420 South Service Rd, exceeding the province's transit-oriented community plan. The proposed towers, ranging from 30-48 storeys, would provide 6,964 residential units and commercial space. Concerns were raised by council members about density and park size, with suggestions for adjustments. The developer…

Toronto real estate faced its slowest year in decades, with condo sales dropping to a 27-year low. A surge of 166,121 new listings in 2024 created abundant inventory, 16.4% higher than 2023.