Category: Uncategorized
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Toronto: Permit Slump May Fuel Future Housing Crunch | MrHunter.ca
Toronto’s housing pipeline just hit a slowdown—building permits are dropping hard. Early-Summer saw 1,841 new units approved, less than half the 7-year avg. Why? Building costs are too high, home prices too low—projects don’t add up. Fewer permits now = fewer homes later, which could push rents and prices higher. But right now? Toronto rents…
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Is Toronto’s Housing Market Heading for a Crash or Recovery? | MrHunter.ca
Home prices are expected to see only modest growth through 2025, with affordability constraints preventing a strong rebound in demand. Persistent economic uncertainties, including trade and interest rate risks, could weigh on buyer sentiment and stall broader market recovery. Rising inventory levels will give buyers more choice but may also create downward pressure on prices…
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Is the Toronto Condo Market Loading the Next Wave? | MrHunter.ca
Toronto condos? Barely moved—but they’re holding steady in a shifting market. Prices crept up just 0.1% last quarter. Still going strong. The long game? Toronto’s condo prices are up 24% since 2019. Even when things cool, Toronto real estate doesn’t flinch. Buyers playing it smart are locking in now—before the next wave hits.
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Why first-time buyers aren’t flocking to the Toronto condo market even as prices slide
Toronto's condo market faces a deep downturn with prices dropping 9.3% year-over-year, yet average prices remain high at around $680,000, deterring first-time buyers. Despite a slight sales increase, affordability is a major issue due to high prices and interest rates, leading to monthly costs over $4,000. Oversupply of small, poorly designed "micro-condos" worsens the situation,…
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Toronto 2026-2027: Slow Recovery, Strong Potential | MrHunter.ca
Sales expected to increase as confidence returns and interest rates stabilize. Prices to rise slowly, driven by strong demand and limited new supply. Delayed condo projects may restart, especially near transit hubs. Rent growth continues, but at a slower pace due to increased completions. Foreign investor interest likely to return as market stabilizes.
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Is Toronto Condo Market Hitting a Growth Pause? | MrHunter.ca
Toronto condo prices rose 24% since 2019, but growth is slowing sharply now. New condo prices nudged up just 0.1% in Q2 2025—almost flat citywide.
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Here’s how much the average home in Toronto is expected to cost by 2032
Toronto's housing market faces a crisis marked by high prices and oversupply due to falling buyer interest. A Concordia University report using AI predicts average home prices will rise from $1.4 million in 2024 to $1.8 million by 2032. It urges easing municipal regulations and speeding approvals to boost supply but stresses that supply-side measures…
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Average asking rents fall annually for 10th straight month to $2,121: report
Canada's national average asking rent fell 3.6% year-over-year in July to $2,121, marking the 10th consecutive monthly decline and the largest drop in 2025. Purpose-built apartment rents dropped 1.7%, condo rents fell 5.7%, and house/townhome rents declined 8.2%. Nova Scotia, B.C., and Ontario saw the largest decreases, while Saskatchewan experienced a 4% rent increase. Calgary,…
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Toronto’s Bright Future: Record Homes in Pipeline | MrHunter.ca
Toronto has a record number of homes in the development pipeline—enough to meet future demand. City received proposals for ~855,000 residential units, the largest pipeline to date. 86% of proposed homes not yet built; condos dominate, 15% are purpose-built rentals. Pipeline could house 1.04M more people, but economic barriers and construction pace are concerns. City…
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Advertised rents continue to slide in major Canadian cities, says CMHC
Canada's 2025 Mid-Year Rental Market Update shows advertised rents fell 2-8% in major cities like Calgary, Toronto, Vancouver, and Halifax due to increased rental supply supported by federal financing programs. Edmonton, Ottawa, and Montréal saw slower rent growth. Despite higher vacancies and incentives, affordability remains poor, especially in Vancouver and Toronto, with many renters opting…