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Discussions on Municipal Development Charges (DCs) highlight their impact on new home affordability and construction costs. While some suggest eliminating DCs, it is crucial to modernize the Development Charges Act instead. DCs, which have been in place for over 35 years, are essential for funding infrastructure necessary for new housing. The significant increase in DCsRead more
Greater Toronto Area prices expected to ↑ 5% by Q4 2025 compared to the previous year. Real Estate demand is forecast to grow, with faster home sales and decreased market time in 2025.Read more
High condo supply in the GTA has allowed buyers to negotiate lower prices. In December 2024, 80% of condos in the GTA sold below the asking price.Read more
Toronto real estate faced its slowest year in decades, with condo sales dropping to a 27-year low. A surge of 166,121 new listings in 2024 created abundant inventory, 16.4% higher than 2023.Read more
Understand your home’s specifics and Ontario risks like severe weather to determine appropriate coverage. Select from comprehensive or basic plans based on your budget and protection needs.Read more
The median price for Canadian vacation properties is projected to rise 7%. Canada's winter vacation properties may reach a median price of $1,019,960.Read more
Ontario’s housing goal faces challenges: The province is unlikely to meet its target of 1.5M homes by 2031. Major barriers to construction: Rising costs, high interest rates, taxes, and bureaucratic delays are stalling housing developmentRead more
Greater Toronto home sales slightly decreased in December, with 3,359 homes sold, down 1.8% from the previous year. The average selling price fell 1.6% to $1,067,186, while new listings rose 20.2% to 4,681. In Toronto, sales dropped 6.7%, but increased by 1.1% in the rest of the GTA. The market is expected to transition inRead more
Homebuyers in the Greater Toronto Area (GTA) are gaining negotiating power as new listings surged in 2024, outpacing sales and increasing inventory. This trend is expected to continue into 2025, benefiting first-time buyers due to declining borrowing costs. TRREB reported a 2.6% rise in home sales and a 16.4% increase in new listings, while theRead more
