Mindblown: a blog about philosophy.
-
GTA Home Prices Become More Accessible After 5 Years
The average home price in the GTA fell below $1 million in January 2026, dropping 6.5% year-over-year to $973,289, with sales declining sharply to 3,082. Elevated supply is expected to keep prices stable, with 60,000-70,000 sales forecasted for 2026. First-time buyers may drive recovery, though renters face a $600 monthly affordability gap. Economic clarity could…
-
Toronto’s Housing Market Poised for Steady Growth by 2026
Toronto's housing market saw a 19.3% drop in home sales and a 6.5% decline in average prices in January, with the MLS Home Price Index down 8%. New listings fell 13.3%, while active inventory rose 8.1%, leading to longer market times. Sales and prices declined across all home types. Buyer interest weakened, with only 22%…
-
Are Lower Rates Really Unlocking Toronto Housing? | MrHunter.ca
Prices corrected ~25% since 2022, but slowly—no panic, just hesitation. Jobs feel shakier, rates still high—confidence matters more than affordability. Even with lower rates, monthly payments remain 30% higher than pre-pandemic. The next price move won’t be explosive—it’ll be quiet, slow, and selective. This isn’t a crash—it’s a reset, rewarding patient buyers and realistic sellers.
-
Canadian Housing Market Update: December 2025
Despite two rate cuts by the Bank of Canada, home sales fell nearly 11% year-over-year in November, with declines in most provinces except slight increases in British Columbia, Alberta, and Saskatchewan. Financial pressures and rising credit delinquencies are limiting buyers' ability to commit to mortgages. Prices remain resilient, with some markets showing modest gains, indicating…
-
Toronto Housing Outlook 2026 Shift | MrHunter.ca
Home prices are forecast to remain under pressure in 2026 as higher-for-longer interest rates continue to limit buyer purchasing power. Increased housing inventory across the GTA is expected to keep competition muted and constrain price recovery. Investor activity is projected to stay subdued, particularly in the condo segment, reducing speculative demand. Buyer leverage is forecast…
-
Homeownership became more attainable in eight major Canadian cities in 2025
Lower mortgage rates and falling home prices improved housing affordability in eight of 13 major Canadian cities in 2025. Ontario markets like Hamilton and Toronto saw significant income reductions needed to qualify for mortgages due to price drops. Western cities experienced modest relief, with Vancouver remaining the most expensive. Some smaller cities faced rising costs.…
-
Secondary luxury real estate markets are outshining Toronto and Vancouver
Canada's luxury housing market in 2025 showed regional divergence: Ottawa, Montréal, and Halifax experienced sales growth and modest price gains, while Toronto and Vancouver saw volume declines but stable prices. Housing starts were strong in several cities except Toronto and Vancouver. Rate cuts in late 2025 boosted buyer interest. In 2026, luxury housing is expected…
-
Could 2026 Be Toronto’s Pre-Rebound Pause Year? | MrHunter.ca
Slide 1 2026 looks like a reset year, not a boom. Slide 2 Toronto prices may dip ~4% before stabilizing. Slide 3 Inventory surge means leverage quietly shifts to buyers. Slide 4 Sales could recover first; prices may wait until 2027.
-
Ontario Housing Market Offers New Opportunities for Buyers
Ontario's housing market is expected to see a significant price drop in 2026, with Greater Toronto Area home prices forecasted to fall by 6.4%, repeating last year's decline. Despite lower prices, average GTA home costs remain above $1 million. Inventory has increased by 16.8%, offering more options for buyers. Nationally, single-family home prices may rise…
-
Affordable Opportunities Emerging in Toronto Condos | MrHunter.ca
Toronto condos are projected to continue price declines in early 2026. Buyers may benefit from increasing affordability and potential future price stabilization. Market distress will persist due to tight immigration and slow demand. Non-permanent resident and student restrictions may limit buyer pool further. Recovery is expected later in 2026 if immigration and demand improve.
Got any book recommendations?