5 d. ago Canada faring ‘pretty good’ in Trump’s tariff war, except for this sector

Watch FP Video for updates on Donald Trump's trade war and Toronto's housing market

Economics

8 d. ago Greater Toronto housing market sees best July in four years: TRREB

Greater Toronto Area-home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021. The Toronto Regional Real Estate Board says sales were up 13 per cent from June on a seasonally adjusted month-over-month basis, as improved affordability driven by […]

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8 d. ago Greater Toronto housing market sees best July in four years: real estate board

Toronto-area home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021.

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8 d. ago TRREB: GTA Numbers Show Strongest July Home Sales in Four Years

TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year.  “Improved affordability, brought about by lower home prices and borrowing costs is […]

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1 week ago This $4 million Toronto house boasts its own private entertainment retreat

Every so often, a house hits the Toronto market that feels like it was pulled straight from the pages of a design magazine or a Pinterest vision board.This grand Victorian at the top of leafy Lakeview Ave. is exactly that — a one-of-a-kind downtown home that blends history, warmth, and modern-day upgrades in a way that somehow feels both elevated and entirely livable.Perched on a sunny corner lot with windows along the full length of the home, 73 Lakeview Ave. is flooded with natural light from morning to golden hour.The sitting room and family room. The main floor flows seamlessly from living space to kitchen to formal dining room, with huge patio doors opening onto a backyard that looks like it belongs in Europe, with pea gravel ground.The front entrance. But the real magic of 73 Lakeview Ave. is in the details.A storage bench. Salvaged original wood beams, custom millwork, and hidden storage nooks tucked everywhere, from staircases to benches.The living ...

Economics

3 w. ago Here's the lowest salary you need to afford a home in Toronto right now

Toronto's housing market may still be taking a prolonged (and for many, extremely stressful) pause, but a lack of momentum doesn't mean that real estate in and around the city is getting any more affordable.Local firms like Ratehub.ca have been regularly reporting on average home prices in the region and the income needed to cover them each month, and June's data still spells out what most locals have come to accept over the years: that hell may indeed freeze over before owning a home is as attainable here as in comparable cities around the world.Based on Ratehub's latest data, released Friday, a slight increase in lending rates month-over-month has worsened affordability in almost all of Canada's major markets, compounded by the fact that prices are slowly starting to rise again as would-be buyers give up waiting on the sidelines for costs to potentially improve.As the company explains, "upward pressure has been steadily buildi...

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4 w. ago ‘I don’t think we are bouncing back’: Struggling Toronto housing market could remain fragile through 2025, realtors say

Sellers are losing leverage and buyers remain cautious amid economic uncertainty

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