The hottest news and analysis on Toronto real estate. Here’s where you’ll find the latest home prices, and trending issues on housing in the Six.
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 […]
Greater Toronto real estate took one step forward and two steps back last month. TRREB data shows home sales climbed in July, hitting a 4-year high for the month. Firming home sales are an improvement, but it was far from a market recovery. Any progress was overshadowed by a sharp price drop and a new […]
Greater Toronto real estate demand continues to collapse and new homes are not immune. BILD and Altus Group data reveals new home prices climbed in June, with both single-family homes and condo apartments seeing an increase. The move was somewhat unusual considering it was the weakest sales on record for the month, combined with the […]
Toronto real estate is finding out it’s not invincible, after all. New Equifax data reveals Toronto CMA’s mortgage delinquency rate surged in Q1 2025. While rising delinquencies are a national story, this is very different from the normalization seen in other Canadian markets. Over the past few years, Toronto’s delinquency rate has more than tripled […]
