Blog

Nearly 11 per cent of Toronto-area rental households — 34,857 — were in arrears last fall, the highest rate among 17 Canadian urban areas surveyed in October by ... More

No sector has been hit as hard as condos in this pandemic, and while experts say the market will recover, it will be different

Toronto has far outstripped all other major Canadian markets in terms of condo supply growth, according to RBC Economics.

Toronto’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings.

The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by since last year, but the average selling price is up.

Toronto’s condominium market showed significant slowdown in the second quarter, with sales dropping to their lowest levels since 2009, according to the Q2-2020 ... More

The chill that has crept over some segments of the Toronto housing market may soon extend to one of its persistent hot spots: condominiums.

The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal.

Investors may have written off this busy housing market, but new data suggests those who put their money in it will likely earn major profits.
... More

Canadian housing is overheating and Toronto's housing market is especially at elevated risk of a "severe correction" due to an oversupply of condos, the OECD ... More