Mindblown: a blog about philosophy.
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Expert Tips for Selling Your Home This Fall and Winter | MrHunter.ca
Prep Early: Complete exterior maintenance—fix gutters, repaint, rake leaves, and brighten windows before cold weather limits improvements. Warm and Welcoming: Keep interiors cozy and decorated; personal touches help buyers imagine themselves living there. Avoid Neglect: Maintain curb appeal, keep utilities on in vacant homes, and price realistically to attract serious buyers. Smart Offer Choices: Don’t…
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Toronto Housing Prospects Show Signs of Steady Improvement
The Greater Toronto Area housing market remains sluggish, with condo sales low due to a preconstruction crisis, rising interest rates, appraisal issues, and reduced immigration targets. Toronto's economic diversification offers some resilience against trade war impacts. Home prices have dropped 5.2% year-over-year, but remain high, deterring first-time buyers. Rents are declining due to increased condo…
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What’s Holding Toronto Housing From Hitting Bottom? | MrHunter.ca
Slide 1: Toronto housing sales rose 8.5% after the Bank of Canada’s September rate cut. Slide 2: Average home prices fell 4.7%, with listings climbing nearly 19%, signaling oversupply pressure. Slide 3: Detached, semi-detached, and condos show rising sales but falling prices across the GTA. Slide 4: Market bottom remains elusive; oversupply, economic uncertainty, and…
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Toronto Residents Share Ideas for Fair Rent Prices
Toronto's real estate market decline has led to lower rental and home prices, confusing residents about fair costs. Renters' views on one-bedroom rents ranged from $1,000 to $3,000, with the city average at $2,295. Opinions on buying a one-bedroom condo varied widely, from $50,000 to $700,000, reflecting diverse knowledge and affordability concerns. Many emphasized rent…
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Cooling Rents Offer Relief and New Opportunities for Renters
Canada's residential rents fell 3.2% year-over-year to $2,123, marking 12 months of declines and the first two-year drop since 2022. Rent decreases occurred across all property types, with condos and houses/townhomes dropping more sharply than purpose-built rentals. Vancouver and Toronto saw the largest declines, with rents at their lowest in nearly four years. Manitoba was…
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Happy Halloween | MrHunter.ca
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known…
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Toronto Housing Market Finds Silver Linings | MrHunter.ca
Toronto’s economy benefits from broad diversification, reducing vulnerability to global trade shocks. Rental prices continue trending lower, improving affordability for residents. A strong pipeline of new rental units is set to boost future housing supply. Increased rental options are creating more competitive conditions across the housing market. Improving affordability could open the door for more…
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Toronto Home Sales and Listings Rise While Prices Drop
Toronto home sales rose 8.5% year-over-year in September, with 5,592 transactions and a 4% increase in new listings to 19,260. Seasonally adjusted sales increased month-over-month, while new listings declined, indicating potential market tightening. The MLS Home Price Index fell 5.5%, and the average price dropped 4.7% to $1.05 million. Further interest rate cuts could boost…
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Housing Starts in Toronto Drop Significantly Year-to-Date | MrHunter.ca
Single-Detached Housing Starts in Jan–Aug: 2,044 units, ↓ 28% yearly All Others Housing Starts in Jan–Aug: 14,407 units, ↓ 47% yearly Total Housing Starts in Jan–Aug: 16,451 units, ↓ 46% yearly Canada Total Housing Starts in Aug: 3,806 units, ↓ 10% yearly Canada Total Housing Starts in Jan–Aug: 156,283 units, ↑ 4% yearly
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Budget watchdog says home affordability is getting better – but not everywhere
Canada's housing affordability gap narrowed from 80% in September 2023 to 34% in August 2025 due to lower borrowing costs, stronger wages, and cooler home prices. Affordability varies widely by city, with Halifax having the largest gap and Edmonton the smallest. While mortgage debt service ratios improved nationally, expensive markets like Toronto and Vancouver remain…
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