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 […]
Canada’s largest real estate market runs on speculation, not housing demand. That’s the core message from the Bank of Canada’s (BoC) latest report, outlining the mechanics of a Ponzi scheme, without dropping the P-bomb. They warn that falling investor returns, driven by higher interest rates, now threaten builder models, suggesting these homes aren’t viable as […]
Greater Toronto real estate woes continue with no end in sight. December saw new home prices fall further, shedding up to 25% from peak according to BILD GTA data. Unfortunately, even with the drop, the market remains far from reach for end-users. As a result, the month ended 2025 as the worst year in more […]
New home sales across the Greater Toronto Area (GTA) went into a deep freeze ahead of winter. Greater Toronto new home prices slipped even further in November, according to data from Altus Group and BILD GTA. The decline was driven by the second-highest inventory for the month meeting with its weakest sales on record. November […]
Greater Toronto real estate reversed any sign of firming last year, as sellers continue to flood the market. Toronto Regional Real Estate Board (TRREB) prices made a sharp drop in November, correcting over 25% since peaking. Despite the substantial correction, sales pulled back once again as inventory hit a new record for the month. Toronto […]
Greater Toronto’s new home market took another hit as weak demand met falling-but-still-lofty prices. BILD GTA and Altus Group data show prices slipped in October—but not enough to draw buyers off the sidelines. Sales fell to a record low for the month, while inventory hovered near multi-year highs. The gap between what’s for sale and […]
Toronto real estate may have to accept that its pre-pandemic premium is gone. TRREB data shows composite home prices fell further in September, with losses accelerating. A mild uptick in sales was overshadowed by inventory surging to a record high. The demand balance is weaker than during the 90s crash, the region’s last major correction. […]
Forget bidding wars—distressed listings are Toronto real estate’s hottest trend. Power of Sale listings have surged more than five-fold in three years, according to data from Valery Real Estate. A record volume of distressed sellers are flooding record inventory, shredding the narrative of a quick recovery. It’s a brutal reminder that real estate corrections are […]
Toronto real estate continued to spiral to new lows last month. Greater Toronto new home sales just printed the weakest August on record, according to Altus Group data. However, the weak demand was not for a lack of inventory, which came in at the highest level in at least 10 years. The issue is no […]
Greater Toronto real estate’s recovery slipped beyond the horizon in August, despite a small bump in buyers. TRREB data shows a minor year-over-year increase in sales, but demand remains near historic lows and far from normalizing. At the same time, more sellers flooded the market, pushing inventory to a record high and forcing deeper price […]
