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Category: Ontario

Canada | Toronto

Toronto Real Estate Prices Wipe Out 2026 Gains, Drop To 5-Year Low

August 6, 2026

Greater Toronto home prices wiped out gains made in the first five months of 2026 in a matter of weeks. Toronto Regional Real Estate Board (TRREB) July data shows prices fell to their lowest point in over five years. Both home sales and inventory fell, but one remains near record lows while the other is […]

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Canada | Toronto

Toronto Business Closures Hit Highest Level Since 2020 Lockdowns

August 5, 2026

Toronto’s entrepreneurial spirit is alive and well—but so is the region’s crushing reality. Statistics Canada (StatCan) data shows Toronto CMA saw the most April business openings in at least 11 years. At the same time, it also saw the second-most April business closures on record—only behind 2020. The combination has driven the number of active […]

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Canada | Toronto

Toronto New Home Prices Crash More Than 10% Over 30 Days

July 22, 2026

Did the bottom just fall out for the Greater Toronto real estate market? BILD GTA and Altus Group data shows new home sales across the region in June were double last year’s volume, but remain the second-weakest for the month on record. That almost seems like an insignificant detail in contrast to single-family homes plunging […]

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Canada | Toronto

Toronto Real Estate Prices Resume Decline, Inventory Remains Lofty

July 3, 2026

Toronto real estate is seeing slow signs of improvement—very slow signs. Toronto Regional Real Estate Board (TRREB) data shows sales climbed in June, while inventory slipped. Despite the firmer market, prices moved lower as the region still saw one of the weakest Junes on record.  Toronto Real Estate Prices Resume Declines After Climbing 4 Months […]

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Canada | Toronto

Toronto New Home Sales Nearly Triple, Still 4th Weakest May In 20 Years

June 23, 2026

Toronto’s new home market posted a sales bounce in May, but context matters. BILD GTA and Altus Group data shows sales hit a multi-year high—against a backdrop of historically weak demand that makes the comparison more flattering than reality. Prices remain in a holding pattern, and builders have quietly abandoned affordable multi-family supply in favour […]

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Canada | Toronto

Toronto Home Sales Jump, But Still 3rd Worst May In 25 Years

June 3, 2026

Toronto real estate is showing encouraging data, but is it a return to normal or the “return to normal” bubble experts warn of? Toronto Regional Real Estate Board (TRREB) data shows home prices climbed in May. It was accompanied by a big jump in sales and a significant cut to inventory. As inspiring as these […]

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Canada | Toronto

Toronto New Home Prices Jump As Builders Absorb HST Rebate

May 27, 2026

Greater Toronto real estate printed stronger numbers across the board last month. BildGTA and Altus Group data shows new home prices climbed in April, with stronger sales and less inventory. Has the market risen from the dead? Before getting excited, it’s worth diving into the data, as a little context may take the wind out […]

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Canada | Ontario

Ontario Is Now Ground Zero For Canada’s Consumer Insolvency Surge

May 13, 2026

Canadian consumers are getting crushed by their epic debt, and Ontario is ground zero. Office of the Superintendent of Bankruptcy (OSB) data shows consumer insolvencies in the province surged in March. Having outpaced national insolvency growth since 2019, it’s been capturing a larger share of total filings—and just saw the most monthly filings since 2010.  […]

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Canada | Toronto

Recovery or Trap? Toronto Real Estate Prices & Sales Rise, But Still Weak

May 5, 2026

Greater Toronto real estate is finally showing some signs of improvement. Toronto Regional Real Estate Board (TRREB) data shows prices climbed again in April. The climb was accompanied by more sales and fewer listings, which sounds a lot like a recovery. That is, until one realizes last month was still one of the worst Aprils […]

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Canada | Toronto

Nearly 1 In 19 Greater Toronto Rental Units Sit Vacant—More On The Way

May 1, 2026

Greater Toronto’s rental shortage is now a distant memory, but the rents have yet to adjust. Urbanation data reveals the Greater Toronto and Hamilton Area (GTHA) has seen a sharp uptick in rental vacancies in Q1 2026. The sticker price of rents hasn’t moved much, but incentives are growing as landlords position the slump as […]

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