Following the HST rebate program, demand increased for low-rise new homes in the GTA, signaling stronger buyer interest in that segment recently.
Builders responded to the demand uptick with a steady flow of new low-rise product, keeping the sector balanced and helping limit upward pricing pressure.
The condominium sector continued to struggle to fully participate, as rules around construction start and completion dates limited how much this segment benefited.
Gross pricing was not adjusted for any rebate, but qualifying purchasers could realize additional savings, improving affordability and supporting new homeownership in the GTA.
Industry leaders said measures like this can strengthen the region's economic outlook, protect jobs, and they want governments to help the condo sector participate.
Category: Latest Posts
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GTA Low-Rise Demand Gets Boost
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Toronto Condo Closings Reveal Deeper Debt
Toronto’s condo correction has created appraisal gaps, leaving many preconstruction buyers scrambling for cash when lender values fall short of original purchase prices.
An expert said brokers should review the whole household balance sheet, because on-time mortgage payments can still mask rising cards, credit lines, and rental losses.
Key question: what is unsecured borrowing funding? Paying down cards may help, but unresolved household deficits or rental shortfalls can quickly rebuild balances.
One example showed a $350K interest-only second mortgage near ~10%, with ~$44.5K in upfront charges and first-year costs near ~26% of net cash.
For Toronto brokers, the goal is a plan the household can carry; closing one condo is not the same as solving the client’s problem. -
Home affordability finds its footing, but rising rates could change that
We’re seeing a notable shift in home affordability across Canada, especially here in Toronto and other major markets like Vancouver and Montréal. With average five-year fixed mortgage rates moving up to 4.55% in August, you might expect a bigger impact on monthly payments. However, the real story is that declining home prices have actually improved affordability, even as rates edge higher. For those navigating the Greater Toronto Area—whether buying, selling, or investing—it's vital to stay attuned to both price trends and interest rates. Having guided hundreds of clients through these changing conditions and earned recognition for my commitment to client service, I make it a priority to keep you informed and prepared for every market turn.
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Happy Thanksgiving
The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!
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Small-Scale Infill Is (Finally) Showing Up In Toronto’s Housing Data
We're starting to see the impact of small-scale infill projects—things like accessory dwelling units and multiplexes—right here in Toronto's housing data. These types of builds now make up about 10% of housing starts nationwide, a significant increase fueled by recent zoning reforms. As single-detached home construction slows, infill projects are helping to meet demand in our city and beyond. With my experience in navigating the Greater Toronto Area's shifting real estate landscape, I keep a close eye on these emerging trends to help clients make informed decisions, whether for a purchase, sale, or investment.
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ओन्टारियो HST रिबेटले नयाँ घर बिक्रीलाई सुरक्षा दियो
GTA मा अगस्ट महिनामा सिंगल-फ्यामिली घर बिक्री ६९२ युनिट पुगेको छ, जुन १० वर्षको औसतभन्दा ४७% बढी हो, र कुल नयाँ घर बिक्री ९०७ युनिट छ। बेन्चमार्क मूल्य $1,248,866 रहेको छ, जुन कर रिबेट बाहेक वर्षेनी १४.६% घटेको हो। लो-राइज आवासमा वृद्धि भए पनि कर प्रोत्साहन समयसीमाका कारण कन्डो बिक्री औसतभन्दा ७८% कम छ। घर निर्माण क्षेत्रले २५६,००० रोजगारी र $३९.३ अर्ब लगानीमार्फत आर्थिक स्थिरता प्रदान गरिरहेको छ।
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Toronto Ranks 20th Worldwide
Toronto continues to hold its ground on the world stage, ranking 20th among 1,000 global cities in a 2026 index. Our city’s strong economic fundamentals and thriving human capital keep it firmly within the top 25, a testament to what makes the GTA such an attractive place to invest, live, and grow. However, the same report highlights a significant challenge: housing affordability. Toronto’s median multiple sits at around 7.5 in the 2026 housing study, which places us among the least affordable major markets. In fact, Toronto residents now dedicate a higher portion of their incomes to housing than almost any other major city worldwide. The ongoing shortage in housing supply, along with a slowdown in new housing starts projected through 2026, continues to widen this affordability gap. Having navigated hundreds of real estate transactions across Toronto and beyond, I’ve seen firsthand how these trends impact buyers and investors. Understanding the nuances of our city’s market is key to making informed decisions in such a dynamic landscape.
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Halloween Thanksgiving Festival
Looking for a festive way to celebrate Halloween and Thanksgiving with the family? The Halloween Thanksgiving Festival is happening on October 31, 2026, at Birchcliff Bluffs United Church, bringing neighbours together for an afternoon of seasonal fun and community spirit.
Families can explore a spooky garden maze, carve pumpkins and enjoy face painting. With activities designed for all ages, it is a wonderful opportunity to make memories, meet local residents and enjoy the welcoming atmosphere of the Birchcliff Bluffs community.
The celebration also includes a vendor fair, food, baked goods and more. Whether you are looking for a unique local purchase, a tasty treat or a chance to support community vendors, there will be plenty to discover.
Mark your calendar and invite your neighbours to join in the fun. For event details and updates, visit https://beachmetro.com/event/halloween-thanksgiving-festival/.
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Find Your Next Chapter at 320 Ridge Road
Welcome to 320 Ridge Road in Cambridge, a house designed to give you room for the life you want to build. Priced at $799,999, this 4-bedroom, 3-bathroom property offers the space and flexibility today’s buyers are looking for.
With four bedrooms, there is plenty of opportunity for family living, guests, a home office, or a dedicated hobby space. The three bathrooms add everyday convenience, helping busy mornings and relaxed evenings flow more smoothly.
Whether you are searching for your first family home, a place to grow into, or a property with room to personalize, 320 Ridge Road deserves a closer look. Imagine hosting loved ones, creating memorable routines, and making the space truly your own.
Ready to see if this Cambridge home is the right fit? Send us a message to arrange your private viewing and take the next step toward making 320 Ridge Road yours.
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