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Real estate news
Recent headlines on Toronto and Canadian housing, refreshed every hour. Each one opens on the publisher's site.
Market context
As of Oct 27
A buyer's market
The GTA heads into winter as a buyer's market. Sales are running about 9% below last year and prices have eased for more than a year, while new listings are falling even faster, so the choice on offer is slowly narrowing. With inflation back above target, the bigger question this fall is the cost of borrowing, not the price of the house: buyers with an approval in hand have room to negotiate, and conditions are back on the table.
Buyer leverageStrong8/10
Seller leverageSoft3/10
Price momentumEasing3/10
BorrowingTightening3/10
The biggest news
GTA prices down 5.1% from a year ago
September brought 5,040 sales across the GTA, 9% fewer than a year earlier, at an average of $1,006,409. New listings fell 14.4% and active listings 9.3%; homes took 34 days on average to sell. The City of Toronto sits at about 4.6 months of supply.
Headlines are selected automatically from Google News and belong to their publishers. Their appearance here is not an endorsement.
The approach
With me, you don’t buy with confidence, you close with it.
I'm Nima. My work in commercial and investment real estate has taught me to look beyond the property itself, to the numbers, the risks and the details that matter. I bring that same approach to every residential transaction.
Good to see you. I can explain how buying and selling work in Toronto, point you to the right calculator, or connect you with Nima. What would you like to know?
AI assistant. Answers can be imperfect and are general information, not legal or financial advice. Call Nima +1 416 800 4455
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