Mindblown: a blog about philosophy.
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Waiting list spots available to own a home on the Toronto Islands
Prospective home buyers can now apply for a chance to own a home on the Toronto Islands by joining the Purchasers' List, open for four weeks every two years. There are 27 spots available, and a draw will determine who gets added to the waiting list, which can hold up to 500 names. Homes range…
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Toronto Housing Stall in Summer: Gradual Recovery Expected? | MrHunter.ca
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.
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Toronto Home Sales Steady in Mid-Q3 2024 | MrHunter.ca
BoC’s rate cuts show muted impact on housing market. August home sales saw small increases across major cities.
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Toronto’s Housing Capacity Under Current Zoning Policies | MrHunter.ca
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.
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The Toronto Real Estate Bubble Is So Big It Breaks The UBS Index
Toronto's real estate ranks 5th in the UBS 2024 Global Bubble Index, showing an "elevated" risk for a housing price bubble. Despite improvements in some areas, the risk remains high due to a disconnect between home prices and income. While national mortgage risk is low, Toronto sees rising delinquencies, especially among overleveraged investors. The construction…
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What Will Toronto’s 2024 Fall Housing Market Be Like? | MrHunter.ca
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
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Growing Real Estate Markets: Old Town Toronto Shines | MrHunter.ca
A study identified top neighbourhoods in growing real estate markets based on key livability factors.A featured neighbourhood, Old Town, offers historic landmarks, walkability, and excellent access to public transit.
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Toronto-Area Home Sales Down 5.3% in Mid-Q3 2024 | MrHunter.ca
Toronto-area home sales in Mid-Q3 2024 dropped 5.3% yearly, with 4,975 homes sold. Average home prices in the Greater Toronto Area decreased by 0.8%, reaching ~$1.1M in Mid-Q3.
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This a bright red warning light’: Toronto’s housing crisis to get worse as development applications drop off
Toronto's housing crisis is worsening due to a significant decline in development applications, according to a study by Altus Group for BILD. New home construction is lagging behind population growth, with applications dropping from 2,482 in 2021 to 1,225 in 2023. The gap between housing stock and population growth is the widest in over 50…
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Canadian Real Estate Is Steady, Except for Toronto! | MrHunter.ca
Canadian Real Estate sales are stable but remain 5% below 2019 levels, reflecting slow growth. Inventory is rising faster than sales, gradually easing market pressure without oversaturating the market.
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