toronto housing market

As Toronto's housing market remains heated, a lot of us are stuck living with our parents way past our 20s. So, what does that mean for our love lives? That's what one person on Reddit wanted to know, and the answers were all over the place.

Toronto's dating scene was split over a Reddit discussion, with some finding the situation "understandable" while others wanted nothing to do with it.

Keep reading...Show less

Are you considering buying a home in Toronto? A recent viral TikTok video by a Toronto-based user sheds light on the hidden costs and staggering expenses involved in investing in Toronto's real estate market, particularly for a $1 million home.

Jules was left shocked after calculating the mortgage interest costs of buying a Toronto home in Ontario's housing market.

Keep reading...Show less

Ontario's housing market is projected to continue to seeing the biggest correction of all the Canadian provinces.

According to a recent report by Desjardins, housing prices in Ontario, especially in smaller towns, could plummet by up to 50 percent by the end of 2023. Whereas home prices in the Greater Toronto Area (GTA) are only set to drop by around 20 percent.

Keep reading...Show less

Let's talk about Toronto's real estate market. In February 2023, the average selling price of homes in the Greater Toronto Area fell by almost 18 percent compared to the same month the previous year. That's a big drop!

The Toronto Regional Real Estate Board (TRREB) found that over half of the homes sold in Toronto during February were below $1 million, which is an increase from the 38 percent recorded in the previous year.

Keep reading...Show less

Do you have a favourite neighbourhood you'd live in if Toronto housing prices weren't so high? So do many others!

But as the Toronto housing market has been trending dangerously upward for some years now with sky-high prices for most Toronto homes, it's fun to come up with real-estate fantasies where "budget isn't an issue."

Keep reading...Show less