Mindblown: a blog about philosophy.
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House price affordability improves in some cities: PBO
Nationally, average house prices dropped from $837,400 in early 2022 to $687,300 in August 2025, with mortgage rates falling from 6.5% to 5.1%. Affordability improved notably in cities like Hamilton and Toronto, where the affordability gap decreased significantly. However, Calgary, Halifax, Montreal, and Quebec saw worsening affordability, with rising gaps, while Edmonton and Winnipeg maintained…
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Toronto Condo Market: Chill Lasts Through 2026 | MrHunter.ca
Slide 1 Toronto’s condo market is sinking fast—prices dropped 21% since the 2022 peak. Slide 2 International student cuts + lower immigration = fewer renters fueling condo demand. Slide 3 Even with cheaper prices, buyers aren’t moving—units still feel overpriced vs. incomes. Slide 4 Preconstruction buyers face nightmares: lenders pulling back, leaving gaps they can’t…
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Toronto Housing Starts Hit 30-Year Low | MrHunter.ca
Slide 1: Toronto faces lowest annual housing starts in 30 years, driven by weak condo demand. Slide 2: Condo starts plunged 60%, with many projects canceled due to financing challenges. Slide 3: High construction costs and development charges reduce project feasibility. Slide 4: Rental apartment starts declined 8%, despite strong demand and supportive programs. Slide…
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Toronto Real Estate Strategy for 2025 | MrHunter.ca
Toronto should use fees, levies, or reserves to reduce dependence on property sales. Delay new builds, revisit zoning, and audit infrastructure to deploy capital wisely. Developers should simplify closings, offer incentives, and price competitively to attract buyers. Track US tariffs, trade agreements, and interest rates affecting Toronto Real Estate demand. Invest in Toronto rentals; limited…
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Happy Canadian Thanksgiving | MrHunter.ca
The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!
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The Rise of Multi-Use Properties: Why They’re Becoming More Popular
Multi-use properties blend residential, commercial, cultural, and recreational spaces, offering convenience and reducing commuting. They address urban density by consolidating functions, supporting sustainable growth, and revitalizing underused land. These developments boost local businesses, foster community through shared spaces, and attract diverse investors due to stable, multi-source income. Sustainability and location-driven appreciation further enhance their appeal.…
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Toronto Crowned Best Canadian City to Live In | MrHunter.ca
Ranked #1, Toronto is Canada’s largest city and economic powerhouse. Monthly living costs range from CA$1,674 to CA$1,931. Top universities include University of Toronto, York University, and Toronto Metropolitan University. The TREB said the average sale price was down 5.2 per cent in August from last year to $1.02M Diverse culture and thriving job market…
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Toronto Condo Market Favors Buyers Amid Market Shifts | MrHunter.ca
Toronto’s condo market has shifted from a seller’s market to a buyer’s market as demand cools and supply grows. Prices have fallen to their lowest point in four years, while interest rates have eased, giving buyers more negotiating power. First-time buyers and long-term residents benefit most, with inventory at its highest in years and competition…
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Toronto and Vancouver rents plunge as Canada’s priciest and cheapest markets shift
Canada's rental market continued to cool in August, with Toronto and Vancouver seeing significant yearly rent drops. Toronto's one-bedroom rents fell 12%, and two-bedrooms dropped 12.5%. Vancouver's one-bedroom rents declined 7.1%, and two-bedrooms fell 9.2%. Montreal's rents rose slightly, while Kitchener saw a 9.5% drop. Nationally, rents decreased 4.2% for one-bedrooms and 3.5% for two-bedrooms…
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Why Now Might Be Your Toronto Condo Buying Moment | MrHunter.ca
Slide 1: Market Shift Alert Toronto condos have shifted from bidding wars to a rare buyer-friendly market. Slide 2: Supply Surge New condo sales dropped 69% year-over-year, while inventory reached record highs. Slide 3: Buyer Advantage With abundant listings and eased interest rates, negotiation power is finally back. Slide 4: First-Time Buyer Opportunity Smaller condos…
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