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 […]
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. […]
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 […]
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 […]
Ontario real estate developers are raising prices despite facing some of the weakest demand on record. The reason? The Government of Ontario’s expanded Harmonized Sales Tax (HST) relief. The thinly veiled bailout is already undermining policymaker narratives few believed, with experts warning the “savings” are being rolled into higher new home prices. Ontario’s Latest Builder […]
Greater Toronto’s real estate rut shows no signs of ending soon. BMO Capital Markets recently shot down the pent-up demand and slowing supply narratives, warning investors the market is filled with supply no one really wants. Toronto Real Estate Weakness Is Being Led By Condos Source: BMO Capital Markets; TRREB. Toronto’s slide continued last month […]
Following one of the weakest years on record, Toronto developers just had the worst start to a year ever.BILD GTA and Altus Group data show Greater Toronto new home sales slipped lower in January, making it the weakest on record. The pullback in inventory was met with an even larger drop in sales, leaving the […]
Toronto real estate demand faces a new headwind—a shrinking population. Statistics Canada (StatCan) estimates the population of the Toronto CMA contracted in 2025, marking the only non-pandemic contraction in the region’s history. Young adults are fleeing to other provinces (or countries), leaving fewer families behind. The result is a stark demographic flip, where 1 in […]
Mortgage delinquencies are rising across Canada, but nowhere quite like Ontario. Canadian Bankers Association (CBA) data shows mortgage arrears continued to rise in November. Ontario has seen its rate more than quadruple in just over three years, hitting the highest level since 2012. Ontario Mortgage Delinquencies Soar To 13-Year High Ontario mortgage arrears rate: Mortgages […]
Toronto real estate continues to defy all odds, but this time it’s to the downside. Toronto Regional Real Estate Board (TRREB) data shows prices fell further in January, extending a crash that now rivals the largest in the country’s history. Sales are still weak, as the investor-dominated market remains out of reach for end-users. The […]
