Category: Uncategorized
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Toronto’s Summer Housing Vibes? Kinda Frozen! | MrHunter.ca
Toronto faces a tough spot: 30,000+ homes for sale, but few can afford them. Owners won’t sell below sky-high prices they paid, trapping the market in limbo
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First Torornto Rent Drop in 3 Years: Will It Last? | MrHunter.ca
Toronto condo rents dropped for the first time since the pandemic, offering brief renter relief. Studios led declines at 3.9%, while three-bedroom rents fell slightly to $3,988 monthly. City of Toronto average rent dropped 2.1% to $2,765 for a 674 sq. ft. unit. 905 region defied the trend with rents rising 2% to $2,610 for…
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Toronto Needs 32K Homes or Prices Spike | MrHunter.ca
Toronto Needs 32,000 More Homes/Year To bring back 2019 prices, housing starts must jump 70%. Prices Could Skyrocket 62% by 2035 Without action, ownership stays out of reach for average incomes.
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Toronto Real Estate Feels Summer Chill | MrHunter.ca
Toronto saw ↑ 33.8% surge in active listings in June, reaching the highest level on record. Avg home prices in the GTA ↓ 5.4% yearly to ~$1.1M in June 2025.
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Toronto: Gta’s Suburban Revival Ahead? | MrHunter.ca
GTA home prices forecasted to rise modestly (~2–3%) by late 2025, led by outer suburbs. Urban condo market may underperform amid growing supply and shifting preference patterns.
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Elevated Supply Reducing Advertised MF Rents in Major Markets
Elevated supply is lowering advertised multi-family rental rates in major Canadian markets, though rents still rise overall. Vacancy rates are expected to increase through 2025. Since late 2024, asking rents dropped between 2% and 8% in Calgary, Toronto, Vancouver, and Halifax, while Edmonton, Ottawa, and Montreal saw slower rent growth. CMHC-backed financing supported 88% of…
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Toronto’s Summer Housing Forecast: What’s Next? | MrHunter.ca
Summer sales are slowly rebounding, but buyer hesitation continues due to emotional and economic uncertainty.Listings have surged to 2002 levels, giving buyers more options and negotiating power this summer.
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Toronto Rents Dip for First Time in Three Years — But Experts Warn It Won’t Last
Toronto condo rents fell 1.2% year-over-year in Q2 2024, the first drop since 2021, with studios down 3.9% and one-bedrooms 1.8%. Average rent is $3.97 per sq ft, about $2,723 monthly. Despite a 29% rise in lease transactions, increased listings eased rent pressures temporarily. However, rental construction remains insufficient to meet demand, and rents are…
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Happy Long Weekend! | MrHunter.ca
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Toronto condo crisis: Why a full-blown meltdown looks unlikely for now
Toronto's condo market faces a sharp correction with falling demand, prices, and a surge of new inventory expected, deepening challenges for investors. Lower immigration and rising interest rates have increased mortgage costs, reducing buyer interest. While short-term oversupply looms, construction is slowing, limiting long-term supply. Prices have dropped about 7% year-over-year, but demand may rebound…