Author: admin
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Toronto home sales nosedive as new listings surge and prices slide
GTA home sales dropped 23.3% in April year-over-year, with new listings up 8.1%, causing prices to fall. The Home Price Index fell 5.4%, and average prices dipped 4.1% to just over $1.1 million. Detached, semi-detached, townhouse, and condo sales all declined sharply. Trade tensions between Canada and the US are a major factor, dampening buyer…
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Will Economic Woes Sink Toronto Homes?
GTA Real Estate buyers have opportunities as sellers face growing pressure amid increasing listings and declining salesCondo sales are struggling, causing many new developments to stall due to insufficient pre-sales.
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Will the Toronto Housing Cool Further or Rebound?
Despite a slow market, price declines have been gradual, with some segments showing resilience. Detached homes saw a 31.1% sales drop but maintained a slight price increase of 0.2% in Mid-Q1.
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Top Toronto Neighborhoods to Watch in 2025 as Affordability Reshapes Buyer Strategies
Toronto's real estate market in 2025 shows a more balanced pace, with top investment neighborhoods like Black Creek and West Humber-Clairville offering affordable prices under $900,000 and strong growth potential. New federal rules allow 30-year mortgages and higher insured loan limits, increasing competition in the $900,000 to $1.5 million range. Buyers are shifting toward condos,…
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Happy Victoria Day
The holiday has been observed since 1845, as a celebration to honour Queen Victoria. The day unofficially signals the start of summer for many Canadians. It is celebrated with parades and fireworks in some cities. Sending our warmest wishes to everyone for a happy and peaceful long weekend.
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30-year record low: New condo sales continue to decline in Toronto
New condo sales in the Greater Toronto Hamilton Area have dropped over 60% year-over-year, hitting the lowest quarterly total since 1995. Q1-2025 sales fell 88% below the 10-year average, with only 215 new sales in Toronto, the lowest since 1990. This decline has led to shelving of over 5,700 units in 28 presale projects. Unsold…
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Economic Factors Impacting the Toronto Housing Market
Interest rates may drop, making mortgages more affordable and attracting first-time and move-up buyers later in 2025. Lower rates could boost sales as affordability improves, increasing real estate market activity in the latter half of the year.
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Unlocking Success in Real Estate: What Buyers, Sellers, and Investors Need to Know
In Toronto's fast-paced real estate market, partnering with a knowledgeable brokerage is crucial. Modern tools like virtual tours and digital contracts enhance buying and selling, while local expertise helps navigate neighborhood trends, pricing, and negotiations. Brokerages provide legal protection, market access, and expert advice, combining technology with trusted human relationships to maximize success in a…
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برنامه انتاریو برای گسترش اختیارات شهرداران قوی به ۱۶۹ شهرداری دیگر برای تسریع توسعه مسکن
انتاریو قصد دارد از اول ماه مه اختیارات «شهردار قوی» را به رؤسای شورا در ۱۶۹ شهرداری دیگر گسترش دهد تا توسعه مسکن و زیرساخت‌ها را در میان بحران مسکن تسریع کند. شهرداران در شهرداری‌هایی با حداقل شش عضو، اختیار خواهند داشت تا تأییدیه‌های پروژه‌های مسکن و زیرساخت را ساده‌تر کنند. این گسترش پس از…