Halifax real estate is pitched as an affordable alternative to Toronto, once the world’s second-largest bubble. That pitch was successful, helping prices nearly double over just two years. There’s just one problem—Toronto’s condo bubble has popped, with prices falling 21% and all signs pointing to further declines. With Halifax condo prices near all-time highs, the […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Renters Outperform Homeowners In Most Cities: Even In Toronto Canadian real estate is renowned as a strong investment, but renters could have easily outperformed returns. PWL Capital compared renter savings—invested in an index fund—to the cost of home ownership. Investing the […]
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. […]
Few investments have created wealth as broadly in Canada as real estate, but is it always the best return? A new study from wealth management firm PWL Capital compares homeowner equity to the invested savings of renters. The results were surprising: in most major markets—including Toronto—renters came out ahead. While past returns don’t guarantee future […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Moving Abroad Hits A New Record As The Country Fails to Compete Canadians continue to move abroad in record volumes. There were an estimated 120,000 emigrants in the 12 months ending Q2 2025, representing a 3% increase from the previous year. […]
Canada’s population slowdown hasn’t trimmed home prices nearly as much as rumoured. Canadian Real Estate Association (CREA) data shows the national benchmark is down sharply, but only two provinces have seen real corrections as of August. The other eight hit all-time highs within the past year—six of them in the past quarter. Are these markets […]
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 […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Went From A Shortage To Surplus, Starts Plunge Canada’s new home starts fell to a SAAR of 245,800 units in August, down 16% from July. But this isn’t a problem of red tape—approved permits hit a record ~350,000 units, […]
Toronto’s real estate bubble just lost another key pillar: jobs. Statistics Canada (StatCan) data shows the Toronto CMA unemployment rate is nearing double-digits, with Mississauga and Brampton already well above 10%. What was once one of the country’s strongest job markets is now cracking—raising questions about short-term value and the long-term sustainability of a housing […]
