Category: Latest Posts

After more than 20 years as a full-time Realtor® and Accredited Buyer’s Representative, I’ve seen firsthand how important it is to find a home that truly matches your lifestyle. One tip I always share: look into local schools—even if you don’t have children. Quality schools have a direct impact on neighbourhood property values and long-term investment potential. Another key consideration, especially in today’s world, is internet speed and availability. Whether you’re working remotely or simply love streaming your favourite shows, reliable internet is now an essential part of comfortable living. When I guide clients in the Greater Toronto area, these details often make all the difference between a good move and a great one.

Toronto’s real estate landscape is always evolving, and in late Q2 2026, we saw one of the most notable shifts in affordability in recent years. As a full-time Realtor® and Accredited Buyer’s Representative serving families and first-time buyers in the GTA for over 20 years, I’m closely watching these trends. During this period, Toronto’s representative home price dropped about 4%, leading to a ~2.5-point improvement in affordability and bringing the payment-to-income ratio down to around 68%. Unlike past years where interest rates influenced the numbers, it was the decline in home prices that made a real difference for buyers this quarter.

For those navigating the market, it’s important to recognize that mortgage rates aren’t expected to ease much further in the next year. This means affordability gains will rely more on stable home prices and income growth. If you’re weighing your options as a buyer or investor, understanding Toronto’s shifting affordability landscape is key. My experience helping families and investors thrive in every kind of market has shown me the value of staying informed and adaptable as conditions change.

Toronto housing starts ↓10% yearly versus the previous year, a clear sign construction activity moderated in the city's larger urban market during current tracking.
Toronto was tracking 37 building permits tied to 6.6K condominium apartment units where construction had not yet begun in the current pipeline.
The agency said some pending projects could still move forward, because related pre-sales likely happened much earlier than the current reduction in sales activity.
Housing-start data can lag current conditions, because large Toronto projects move through planning and pre-sale phases, permit issuance, then actual construction before starts appear.
That means Toronto's current starts may understate real-time activity, and some permitted condo units could still break ground as the pending pipeline advances.

Labour Day in Canada marks a well-earned break celebrating workers and the unofficial end of summer, when everyone suddenly remembers all the things they meant to do in August.
It’s the last big excuse for barbecues, lake trips, and squeezing in one more summer adventure before routines and school schedules take over again.
Stores and sidewalks feel a little calmer, while patios and parks get their final big rush of summer energy and “just one more weekend” vibes.
Happy Labour Day! Wishing you a relaxed, fun-filled long weekend with good food, no alarms, and maximum enjoyment before fall shows up uninvited.

In Early-Q3, Toronto sales ↓~1% yearly to ~6K transactions, while new listings ↓~18% to ~14.5K, narrowing the gap between supply and demand.
On a seasonally adjusted basis, Toronto sales increased from Late-Q2 while listings declined, and the avg. selling price settled near $1M, ↓~5% yearly.
A balanced market means neither side clearly leads: homes sell closer to asking, supply better matches demand, and negotiations feel more typical for both parties.
Experts said Toronto's freehold segment looks more balanced, while condos remain buyer-driven. Buyers have adjusted to current borrowing costs, and sellers are pricing more realistically.
With listings shrinking and prices leveling, experts said steadier conditions could bring sidelined buyers back, as confidence improves and timing the market matters less.

In Early-Q3, Toronto sales ↓~1% yearly to ~6K transactions, while new listings ↓~18% to ~14.5K, narrowing the gap between supply and demand.
On a seasonally adjusted basis, Toronto sales increased from Late-Q2 while listings declined, and the avg. selling price settled near $1M, ↓~5% yearly.
A balanced market means neither side clearly leads: homes sell closer to asking, supply better matches demand, and negotiations feel more typical for both parties.
Experts said Toronto's freehold segment looks more balanced, while condos remain buyer-driven. Buyers have adjusted to current borrowing costs, and sellers are pricing more realistically.
With listings shrinking and prices leveling, experts said steadier conditions could bring sidelined buyers back, as confidence improves and timing the market matters less.