Mindblown: a blog about philosophy.

A Real Estate lawyer simplifies contracts, spotting red flags and protecting you from costly mistakes.

Toronto has seen rapid growth, becoming one of the most vibrant and dynamic cities in Canada. Toronto’s skyline is expanding rapidly, with over 200 construction cranes and numerous high-rise developments.

Toronto home sales in August 2024 ↑ 0.6%, still 32% below pre-pandemic levels. Condo listings ↑ 30% above normal, while sales are 25% below pre-pandemic levels.

Toronto's housing market remains stagnant, with interest rate cuts failing to revive significant activity. Current market conditions in the Greater Toronto Area are the softest since the 2008 recession, excluding the pandemic.

The Bank of Canada’s rate cuts have yet to significantly lift housing markets from their slump. A sharp rise in listings has eased inventory shortages but hasn’t unlocked the market.

BoC’s rate cuts show muted impact on housing market. August home sales saw small increases across major cities.

Toronto's predominant single-family zoning is identified as a significant missed opportunity for housing expansion.A common narrative suggests Toronto is "maxed out" on housing, a concept challenged by recent research.

September Trends: 1. Marks the start of the fall home-buying season 2. Provides early clues on market progression for the rest of the year September Trends: 1. Marks the start of the fall home-buying season 2. Provides early clues on market progression for the rest of the year