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....
Market Update
York saw a price drop, down 3 per cent to just under $1.22-million, coupled with a 1 per cent decline in sale to 11,457. Durham posted a 3 per cent price drop to $860,000, and a 3 per cent jump in sales to 8,8682....
Ontario home prices are expected to ↑ 5% in 2025, driven by increased sales activity. First-time homebuyers will drive market activity, especially in more affordable regions across Ontario....
Master-planned communities, combining residential units with commercial spaces and parks, attract diverse residents and investors. Infrastructure improvements and affordability in Scarborough and North York position them as key growth markets....
GTA home sales surged 40.1% in November 2024, signaling a housing market recovery. New listings rose 6.6% annually, but slower growth led to tighter market conditions and price increases....
The pre-construction market in the Greater Toronto Area is growing, especially in Scarborough and North York, due to master-planned communities that combine residential, commercial, and recreational spaces. Infrastructure improvements like the Scarborough Subway Extension are boosting these areas' appeal, which are more affordable than downtown Toronto. Rising competition for pre-construction...
Updating your kitchen with quartz countertops and smart appliances significantly enhances resale value. Adopting a neutral color palette makes your home more appealing to potential buyers and feels modern....
The Trust in Real Estate Services Act (TRESA), effective December 1, 2023, impacts Ontario buyers and sellers. Under TRESA, brokerages can designate different realtors for buyers and sellers in the same transaction....
In Mid-Q4 2024, Ontario residents will receive the Canada Child Benefit (CCB) and Ontario Trillium Benefit (OTB).The CCB provides monthly support for families with children under 18 to cover essential expenses....
Ontario cities fear new provincial rules allowing individual development applications could undermine long-term urban planning. The provincial planning statement mandates cities to evaluate ad hoc applications, increasing administrative costs and appeals....