#toronto-condo-market

#toronto-condo-market

The expansion draft will have two rounds, with 12 total picks per round alternating between the Fire and Tempo, and will follow a snake format, meaning that after choosing 12th, the draft will 'snake' back around and the Tempo will also select 13th.

The province is projecting just 64,800 housing starts this year, 10,000 fewer than it expected for this year in last year's budget and 30,000 fewer than the 2024 plan projected.

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.

Rising utility costs continue to be a pain for the average U.S. renter. Energy-efficient rental features that help lower these costs like LED lighting, good insulation, and smart thermostats are becoming a baseline for renters.

[He] has been renting for the last eight years, just saving his money, Milonas told CBC Toronto. We had a chat pre-Christmas and he was like, What do you think? Is this the right time for me?' TRREB says lower condo prices could lead to another housing shortage if the current inventory is bought up quickly. (Cole Burston/Canadian Press) Milonas has now had that question from a handful of renters, and based on the current market, he's told most of them to go for it.

Toronto's real estate association says it expects home price and sales weakness to persist for at least the first half of the year. The outlook came as the Toronto Regional Real Estate Board (TRREB) says home sales for January fell 19.3 per cent from a year earlier, while the average selling price dropped 6.5 per cent. Active listings rose 8.1 per cent. The board says home sales totalled 3,082 in January, while the average selling price was $973,289. There were 17,975 active listings.

For years, analysts have held out hope that the aging Baby Boomer generation would trigger the "Silver Tsunami" - a massive wave of homes unlocked and returned to the open for sale market. However, in 2025, inherited homes reached a record 7% of all U.S. property transfers. Inheritance has always played a role in the real estate economy, and recently that role has grown.