October in the 6ix — 2026 […]
Housing affordability worsened for Canadian households in 2024, with mortgaged homeowners driving much of the increase. Renters remained more likely to face unaffordable housing, while recent movers paid considerably more than longer-term tenants. First-time buyers and households awaiting social and affordable housing also reported substantial financial pressure. #HousingAffordability #RentalMarket #HousingCosts #CanadaHousing […]
Canada’s housing market is beginning to show signs of recovery as resales rise and prices stabilize. Stronger momentum is expected next year, but the improvement will likely remain gradual and uneven. High condo inventories, limited investor demand and economic uncertainty could still produce another false start. #RealEstate #HousingMarket #CanadaRealEstate #MarketRecovery […]
Falling home prices are beginning to weigh more heavily on Canada’s economy. Construction activity, household spending and mortgage borrowers are all facing growing pressure, particularly in Ontario and British Columbia. CIBC warns that substantially reducing homebuilding costs is essential to prevent the housing market’s difficulties from worsening. #RealEstate #HousingMarket #CanadianEconomy #CanadaRealEstate […]
Canada’s housing market remains caught between an extended correction and a tentative recovery. Sales and prices are expected to decline in 2026 before improving modestly next year, supported by pent-up demand. Regional progress will be uneven, and condominium markets may continue to lag as economic risks threaten further false starts. #RealEstate #HousingMarket #CanadaRealEstate #MarketRecovery […]
Canada’s housing construction is increasingly shifting toward purpose-built rentals as ownership supply weakens. Toronto’s rental starts are rising sharply, while condominium and ground-oriented development continue to decline. CMHC warns that failing to build enough ownership housing now could create another supply crunch when demand recovers. #HousingSupply #RentalMarket #HousingMarket #CanadaRealEstate […]
The Bank of Canada has kept its overnight rate unchanged at 2.25% as inflation risks increase. Higher oil prices, rising global bond yields and upcoming tariffs are adding uncertainty to the economic outlook. A future rate hike is back on the table, depending on how economic conditions and incoming data develop. #RealEstate #HousingMarket #CanadaRealEstate […]
Toronto’s housing market could see more activity this fall following a relatively quiet summer. Bidding wars are reappearing in parts of the market, while fewer listings could create greater competition. Buyers remain cautious amid economic uncertainty, and the condo segment may continue to struggle. #TorontoRealEstate #HousingMarket #GTARealEstate #CanadaRealEstate […]
Canadian home sales recorded a fourth consecutive monthly gain in July, while new listings declined again. Supply and demand continued moving toward a more balanced market across much of the country. Prices remained broadly stable, with the national MLS® Home Price Index posting its first monthly increase since November 2024. #RealEstate #HousingMarket #CanadaRealEstate […]
May brought a long‑awaited surge in Canadian home sales, with transactions up 5.5 per cent from April and Ontario driving much of the activity . Although volumes were still below last year’s pace, the Canadian Real Estate Association noted that underlying market conditions had been improving for months. Prices held steady, and a tighter sales‑to‑new‑listings ratio suggests a more balanced market . Economists warn, however, that condo values continue to slip in many Ontario cities . #RealEstate #HousingMarket #CanadaRealEstate […]
September in the 6ix — 2026 […]
A Canadian’s attempt to secure a dream condo in Mexico ended in frustration when the pre-construction unit he paid for was never built. With more than 100,000 Canadians owning Mexican property, this case shines a light on the risks of buying overseas. The report urges prospective buyers to research developers, get legal advice, and confirm that projects are legitimate before making deposits. This cautionary tale emphasizes the importance of diligence when purchasing international real estate. #RealEstate #HousingMarket #CanadaRealEstate […]
August in the 6ix — 2026 […]
Here’s everything worth getting off the couch for. […]
Canadian multifamily rental markets have seen a short‑term pause due to slower immigration and a wave of unsold condos, but experts argue the outlook remains bright. Structural factors, population growth, housing shortages and affordability challenges, continue to favour rental housing, with home‑ownership costs consuming more than half of household income. Demographic shifts toward long‑term renting and the essential nature of housing keep occupancy and cash flows resilient. Investors who ignore the noise and focus on these long‑term fundamentals may find multifamily real estate an attractive, income‑producing asset class. […]
A REMAX Canada report finds that nearly half of prospective buyers, and especially millennials, view cottages as a practical first step into the housing market . With traditional home prices out of reach and some vacation spots now more affordable, young Canadians are looking to recreational properties for long‑term value . Yet return‑to‑office mandates, maintenance expenses and higher insurance costs may temper the appeal . Could a cottage be your stepping‑stone to homeownership? #RealEstate #HousingMarket #CanadaRealEstate […]
Recent trends show that wealthy Americans are relocating from states like California and New York, but they are not moving to Canada. This shift comes […]
In the Greater Toronto Area (GTA), real estate prices are experiencing a downward trend as both buyers and sellers exhibit uncertainty in their decisi […]
The Greater Toronto and Hamilton Area (GTHA) experienced no new condominium launches in the first quarter of 2025. Richard Lyall, President of RESCON, […]
June is full of things to do in the city […]
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