Author: inboks
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…. Read more at betterdwelling.com
Following one of the weakest years on record, Toronto developers just had the worst… Read more at betterdwelling.com
Greater Toronto’s real estate rut shows no signs of ending soon. BMO… Read more at betterdwelling.com
Rising interest rates are cooling the US real estate market. National Association of Realtors (NAR) data shows existing-home sales fell in May. They didn’t just fall, though. Home sales fell significantly faster than homes listed for sale, helping to push the months of inventory towards more historic levels. US Home Prices Are Still Rising, But At A Slower Pace US existing home prices are still climbing but the rate of growth continues to decelerate from historic levels. The median sale price came in at $407,600 in May, up 14.8% from last year. It’s a very high rate of growth, but…
Written by Jared Lindzon• March 23, 2026• 8:51 AM• Real Estate • One Comment • Views: 5,602 As condo projects stall and detached homes remain out of reach for most buyers, multiplexes are gaining traction as Toronto’s next supply channel. For a city built on high-rise condos, the shift toward “gentle density” housing also requires adjustment from investors, developers, owners and residents. Early signs suggest that transition is already underway. According to a report by the City of Toronto published last May, the city received 750 multiplex building permit applications between May 12, 2023 and November 4,…
By Sammy Hudes That’s the hope for one developer whose offer joins a growing list of incentives aimed at luring buyers, as hesitation lingers across most major housing markets in Canada. The campaign announced last week by Mattamy Homes would see the firm cover mortgage payments for up to a year on its new builds located within six neighbourhoods in the Calgary and Edmonton areas. Eligible properties must be ready for occupancy by the end of 2026 and Mattamy has capped the total incentive at roughly $50,000, suggesting a home worth up to about $1.02 million. “I’d be lying…
By Sammy Hudes A report released Thursday by Royal LePage forecasts the median price of a single-family home in Canada’s so-called recreational regions to rise four per cent year-over-year to $604,552. It said the weighted median price of a single-family home increased 4.3% year-over-year in 2025 to $581,300. Each provincial market is expected to see price increases this year, led by a 5.5% gain in Saskatchewan and Manitoba to a median price of $296,877, and a five per cent increase in Atlantic Canada to a median price of $361,305. B.C. is the most expensive province to own a recreational home…
By Sammy Hudes It now expects sales to fall 1.8% year-over-year, on average, and home prices to move 0.3% lower nationally. As of December, TD had forecasted a 9.3% year-over-year gain in home sales for 2026 as well as a 4.1% increase in average home prices. Economist Rishi Sondhi said housing activity will likely take most of the year to recoup first-quarter losses, as sales remain constrained by a subdued economy, heightened uncertainty and ongoing cost of living pressures. “While severe weather in Central and Atlantic Canada weighed on activity early in the year, weakness was also evident in B.C.,…
By Allison Jones The province is projecting just 64,800 housing starts this year — 10,000 fewer than it expected for this year in last year’s budget and 30,000 fewer than the 2024 plan projected. The government’s own math early on in its bid to get 1.5 million homes built by 2031 showed that housing starts should be at 175,000 per year. That was a different time, said Municipal Affairs and Housing Minister Rob Flack. “It was a goal set in 2022 when we had robust housing starts,” he said Thursday after the budget was tabled. “We don’t today.” Finance Minister…
Rent growth may be cooling across Canada, but for many renters, it likely doesn’t feel that way. A new analysis from Rentals.ca and Urbanation suggests one reason why: even as rents stabilize, the amount of space renters are getting has been shrinking. Since 2024, the average unit size has fallen to 719 square feet from 754 square feet, a decline of roughly 4.6%. Average asking rent in Canada fell to $2,030 in February, down 2.8% from a year ago and marking a 33-month low. That’s the 17th consecutive annual decline, with rents also falling 1.3% from January, the largest February…