Industry Updates: Single-Family Sales Rise, Resale Supply Tightens, Cultural Programming Expands

It’s been an eventful period for the Greater Toronto Area real estate market. We’re seeing single-family home sales gain momentum, thanks in part to the expanded HST rebate—welcome news for families and buyers looking for that perfect detached home. On the flip side, condo sales remain on the quieter side. The tightening of resale supply may nudge prices upward, creating a more competitive environment for both buyers and sellers. Housing starts dipped slightly, a detail I’m watching closely for clients who are considering new builds. On the innovation front, Toronto has launched an AI pilot for building permits, a step forward that could streamline the process for future homeowners. With over 20 years of experience, I’ve seen how these market shifts can impact your next move—whether you’re buying, selling, or investing in our vibrant communities.

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