Poll reveals growing demand for guidance amid affordability concerns and market uncertainty

In November 2025, the Greater Toronto Area housing market saw continued softness, with home sales, new listings, and average prices all lower than a year earlier as many buyers stayed on the sidelines awaiting better economic conditions. GTA REALTORS® reported 5,010 sales through TRREB’s MLS® System, a 15.8% decline from November 2024, while new listings totaled 11,134, down 4% year-over-year.

Will Canada see a renewal crisis next year, or can borrowers absorb the shock of higher rates?

Toronto’s mayor wants buyers of luxury homes to pay more tax, as a recent motion to the Executive Committee suggests raising the cost to buy Luxury Homes incrementally, between 0.9-1.1 per cent.

The Residential Construction Council of Ontario says housing starts in the Greater Toronto Area and broader Greater Golden Horseshoe region declined significantly in the first nine months of 2025 relative to recent years.

Stronger-than-expected GDP data supports a December rate hold from the Bank of Canada, but economists warn underlying weakness remains.

Strong demand among potential homebuyers and built up inventory could pave the way for a sales rebound in 2026 after a roller-coaster year plagued by economic uncertainty.

The number of home sales recorded over Canadian MLS® Systems edged up 0.9% on a month-over-month basis in October 2025, marking six monthly gains in the last seven months.

Economists still expect a December hold, despite sticky core readings and ongoing pressure from shelter costs.

Investment rose quarter-over-quarter but lagged last year, with industrial assets dominating activity

The bank’s economists believe the rate-cut cycle is over, and that Governor Macklem could be raising rates again by the second half of 2026.

The central bank’s latest survey shows few market watchers are holding out on more cuts. What’s next for the mortgage market?

Asking rents in Canada were down 2.2% in October from a year earlier to an average of $2,105, marking the 13th straight month of annual declines.

The Ford government is expecting to spend $470 million to give first-time Ontario homebuyers a tax break on new homes — a figure first revealed in Thursday’s fall economic statement.

The federal government’s latest budget may prove too restrained to lift Canada’s slowing economy, potentially leaving the Bank of Canada with little choice but to reduce interest rates again, economists said Wednesday.

Home sales in the Greater Toronto Area (GTA) were down year-over-year in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates.

A growing number of Canadians could face difficulties making mortgage payments when they renew their loans this year and next, according to a new report.

Lower rates ease payments, but buyers and lenders stay cautious

The Bank of Canada has lowered its benchmark interest rate, cutting by 25 basis points amid continuing signs of a softening national economy.

Newly-built condos in the Greater Toronto Area continued to be a difficult sell in September, with a 44 per cent drop in sales compared to the same month a year ago.