2 h. ago Market statistics are about more than average prices and resales

Average price, median price and benchmark price each have something different to reveal about real estate.

Economics

9 d. ago Canadian businesses have to ‘turn inward’ and focus on the homegrown market, says steel CEO

ArcelorMittal Dofasco's Ron Bedard castigated himself for making his business too dependent on the U.S.

Economics

1 week ago Toronto home with an epic fairytale garden hits the market for $10 million

Maybe it's the nice weather. Maybe it's my TikTok algorithm relentlessly feeding me videos of cottagecore garden makeovers. But lately, I've been fantasizing hard about having a real garden.You know, the kind that feels like a tree-lined oasis, where your only neighbours are chirping birds and the occasional rabbit. Yes, I do wish I were Beatrix Potter. If you also have this fantasy, please meet your new crush: 12 Forest Glen Cres.The pool and hot tub. Tucked into one of Toronto's most prestigious (and best-hidden) ravine enclaves, this sprawling estate offers a rare blend of luxury living and garden-party perfection.The lawn. Set on more than half an acre, the property is enveloped by towering trees, winding paths, and gardens so gorgeous they've literally been featured in Canadian House & Home magazine and are always a stop on local garden tours.. The deck overlooking the tiered backyard. The outdoor space here isn...

Economics

1 week ago Canada’s housing crisis calls for more than ‘cranes on the skyline’

Douglas Todd: With almost one in three homes owned by investors, the market is so distorted that politician's vow to 'build, baby, build' rings hollow. There are other ways.

Other

1 week ago Opinion: Affordability requires abundance. We need more housing

Opinion: We need to be building far more new, multi-family, market homes to ease the affordability crisis in the future

Other

2 w. ago Majority of homes in Toronto now selling below asking as real estate market tanks

It's been a pivotal few years for Toronto-area real estate, with fewer homes finding new owners than ever in recent memory, all while the market is inundated with tens of thousands of new listings that are sitting unsold for weeks.As unbelievably stressful as this period has been for sellers, realtors and developers, it has given aspiring buyers a serious leg up, with far greater selection and the newfound power to barter down prices.As such, more and more homes in and around the city are selling for under their asking price, a complete 180 from what was once the norm in a city known to be overvalued and popular for bidding wars.Imbalance between supply and demand in Toronto's housing market hits all-time record https://t.co/sMiSc6ejlx— blogTO (@blogTO) June 4, 2025The latest report on the trend, published by local agency Wahi on Thursday, shows that the market's downfall is still going strong, with more neighbourhoods now in "und...

Politics

2 w. ago Calgary luxury homes market holds attention of buyers across Canada

This modern farmhouse in Calgary's southwest is an example of listings that are attracting interest.

Other

2 w. ago B.C. cherries making a comeback, but growers warn industry is at risk

Many farmers say their future is hanging by a thread — squeezed by rising debt, climate volatility, and a market that favours cheaper imported fruit over homegrown harvests.

Other

2 w. ago Imbalance between supply and demand in Toronto's housing market hits all

The widely-held dream of home ownership in Toronto has quickly become a nightmare for those who've managed to achieve it, as interest rates, a cost of living crisis and other factors have forced the city's once-booming housing market into a sharp downward spiral.As thousands of new listings pour onto the market, sales have receded to ghastly lows, with well over triple the number of homes coming onto the market as people buying them each month.In the residential construction world, stalled projects and receiverships abound, with builders and owners of condos especially finding it virtually impossible to garner any interest. Fewer condo units across the GTA have been changing hands than in the early '90s — a stark contrast to the days of quick sales and bidding wars just a few years ago.And, the May 2025 update from the Toronto Regional Real Estate Board (TRREB), released Wednesday, shows tha...

Economics

2 w. ago Another Toronto condo project stalls as historic home hits market for $4 million

Tucked just a couple of blocks away from Toronto's bustling Yonge and Bloor intersection sits a surprisingly storied little building that's been poised for a major makeover for a while now. Originally constructed in the late 1880s by Arthur Coleman, 66 Charles St. E began its life as the stately residential home of John Wilson Bengough, a cartoonist and caricaturist who founded Grip magazine in 1873. The property features architectural elements of the late 19th-century Second Empire style, most notably identifiable by its distinctive mansard roof with patterned slate shingles.  An office in the historic house. The house was later purchased in the '70s by lawyer Gerald Sternberg and converted to offices. Then, a few years ago, a new condo development proposal was submitted for 66 Charles St. E. A rendering of 66 Charles St. E by BDP Quadrangle. In 2023, Aspen Ridge Homes proposed an 11-storey residential bui...

Economics

2 w. ago ‘Nowhere else for them to go’: Ottawa dismantles Byward Market encampments

Several homeless encampments were taken down Friday afternoon in the ByWard Market, some worry there is no where else for them to go.

Other

2 w. ago Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market

LOS ANGELES (AP) — Homeowners eager to sell may have to wait a while before a buyer comes along. As of April, the U.S. housing market had nearly 34% more sellers than buyers shopping for a home, according to an analysis by Redfin. Aside from April 2020, when the pandemic brought the economy and home […]

Economics

2 w. ago This historic $4.7 million Ontario home puts 'The Great Gatsby' to shame

At a time when we're inundated with new builds and condo developments, a historic home is an increasingly rare and special thing, and this $4.7 million Ontario home is among the most breathtaking on the market today.Described by listing agent Steve Roblin as the "crown jewel of Dundas, Ontario," 50 South Street West (also known as Mount Fairview) is an unmistakable beacon of the area's long history, with a degree of opulence that feels like something out of The Great Gatsby, though its construction long predates the 1920s.Built in 1847, the home sits on a meticulously manicured 1.3-acre lot, rising above the surrounding tree line with alabaster columns and a wraparound porch that you wouldn't be able to scrape me off of in the summertime.Now I'm just getting carried away. Let me tell you about this property.The ground floor.The house, which boasts over 6000 sq. ft. in above-grade living space, may appear like it was plucked out of an absolutely en...

Economics

3 w. ago Canada slashing taxes on first home purchases and here's how it works

Prime Minister Mark Carney is fulfilling one of the key promises the Liberal party made during the recent federal election campaign, specifically relating to eliminating the federal five per cent Goods and Services Tax (GST) on home prices for first-time homebuyers."My government has a mandate to bring down costs. We are delivering this mandate by cutting taxes — so Canadians keep more of their paycheques to spend where it matters most," said the prime minister, with the specific plans for the GST cuts now released following King Charles III's speech from the throne on Tuesday.This will be applied as a rebate — the First-Time Home Buyers' GST Rebate.For first-time buyers only, there will be zero GST applied on new homes sold at up to $1 million. For new properties bought at a price of between $1 million and $1.5 million, there will be a reduced GST for first-time buyers and their new homes.This means that for homes priced at up to $1 million, first-time...

Economics

3 w. ago Home sales at ‘crisis levels’ in sagging market, say realtors

Watch: 'It doesn't matter how low interest rates go, if you're worried about losing your job, you're not rushing to buy a home'

Other

3 w. ago London builder offers huge mortgage break to homebuyers as sales lag

Grappling with a larger-than-usual inventory of unsold homes amid a market slowdown, a London developer is offering up to $100,000 in zero-interest loans to help first-time homebuyers snatch up some of its properties.

Events

3 w. ago Fate of $20 Billion US Home Solar Market Lies in GOP Senate Hands

House tax bill would gut the rooftop solar industry, executives warn.

Economics

3 w. ago Opinion: In crisis, is there opportunity for B.C. softwood lumber?

Opinion: Amid the trade war B.C. lumber displaced from the U.S. market could be redirected at home to drive down the cost of new homes throughout Canada, keeping mills open and workers working

Other

3 w. ago Luxury real estate market starting to rebound, says Sotheby’s

Buyer confidence is returning, and not only for high-priced condos and homes A new report from Sotheby’s International Realty Canada reveals that while sales of $1 million-plus properties declined by 29 per cent in the first quarter compared to the same period last year, there is room for optimism particularly when it comes to luxury […]

Culture

4 w. ago Calgary is the second best market in Canada to buy real estate

Some of Calgary's leading neighbourhoods for value might surprise local buyers.

Other