6 h. ago Baffling Toronto rental lists bedroom with obviously fake window for $900 per month

As Toronto renters continue to grapple with sky-high housing prices, some landlords continue to push the boundaries of what constitutes a livable space, and a recent downtown listing is up there with some of the weirdest listings we've ever seen. This latest "horror rental," shared to the Slumlords Canada subreddit, is raising eyebrows after showcasing a seemingly decent room for rent near Spadina and Dundas, but with one alarming twist you can't quite overlook. While the bedroom appears to be spacious and reasonably clean at first, a closer look at the "window" above the bed frame reveals it's not a window at all. It's actually just a printed-out poster of a beach view taped to the wall. Yes, you read that right. Not the worse I've seen, but the fake window is killing mebyu/RaccoonChaos inSlumlordsCanadaListed for $900 per month, the room is advertised as suitable for a single tenant only. The supposed window, which is a standard safety and mental health re...

Economics

7 h. ago Montreal home sales up in June as median price rises around 7% from last year: board

Montreal-area home sales were up in June compared with the same month a year ago, as prices rose around seven per cent across all housing types.

Economics

12 h. ago Neil Sharma: Doug Ford has the power to bring down housing prices. Will he?

Despite recent changes to the Development Charges Act, much work still needs to be done

Economics

6 d. ago TRREB: More Interest Rate Cuts and a Trade Deal Would Further Improve Home Sales

TORONTO, July 04, 2025 (GLOBE NEWSWIRE) — Ownership housing affordability continued to improve in June 2025. Average selling prices and borrowing costs remained lower than last year’s levels. However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines due to economic uncertainty.  “The GTA housing market continued to show signs of recovery in […]

Economics

2 w. ago Re/Max just released a list of Metro Vancouver's 'hidden gem' neighbourhoods. Did they get it right?

'Hidden gems' housing list includes vibrant neighbourhoods teeming with restaurants and breweries, as well as communities that offer cheaper housing prices — but with some compromises

Other

2 w. ago Astronauts from India, Poland and Hungary blast off on privately funded trip to the space station

CAPE CANAVERAL, Fla. — India, Poland and Hungary launched their first astronauts in more than 40 years Wednesday, sending them on a private flight to the International Space Station. The three countries shared the tab for the two-week mission. Axiom Space, the Houston company that arranged the deal, put the ticket price at more than […]

Other

2 w. ago Astronauts from India, Poland and Hungary blast off on a privately funded trip to the space station

CAPE CANAVERAL, Fla. (AP) — India, Poland and Hungary launched their first astronauts in more than 40 years Wednesday, sending them on a private flight to the International Space Station. The three countries shared the tab for the two-week mission. Axiom Space, the Houston company that arranged the deal, put the ticket price at more […]

Other

2 w. ago Report says hoping for Canadian housing prices to plummet is not realistic

Canada must dramatically increase the pace of home construction — nearly doubling current annual housing starts — to address the country's deepening housing affordability crisis, according to a new report from the Canada Mortgage and Housing Corporation (CMHC).In its updated annual analysis of Canada's housing supply shortage, CMHC estimates that the country needs to build between 430,000 and 480,000 housing units annually until 2035, up from the current trajectory of about 250,000 units per year. The aim is to restore affordability to levels last seen in 2019, prior to the pandemic-driven housing boom.The federal Crown corporation has shifted its modelling framework to a rolling 10-year horizon, abandoning its earlier 2030 benchmark, which it now considers unrealistic due to the lengthy timelines needed for land use approvals and construction."Restoring affordability to levels last seen two decades ago isn't realistic, especially after the pos...

Economics

2 w. ago Here's the minimum salary required to afford a home in Toronto right now

Even with a record 32,000-plus homes up for sale in and around Toronto and few of them actually changing hands, housing affordability in the region is still deteriorating, suggesting that the present market lull is likely to continue.Based on the most recent average house and condo prices in May, along with present interest rates, the market experts at Ratehub.ca have calculated how much a household would need to earn each year to float the standard mortgage in cities across Canada, including in T.O.And, to people living elsewhere in the world (or even the country) where real estate prices are far lower and incomes are higher, the figure may be shocking.Between April and May of this year, the mean price across housing types rose by a slight $2,500 in Toronto, per the firm's data, from $1,009,400 to $1,012,800. This makes the typical monthly mortgage bill in the city $1,968, some $12 more than just a month earlier.In total, at a lending rate of ...

Other

3 w. ago 'Disappointing at best': Vancouver real estate prices falling, but sales slow

Greater Vancouver saw average house prices fall to $1.2 million in April from $1.3 million in April 2024, a 6.6 per cent decline.

Economics

4 w. ago This dazzling Toronto home just reduced its price by $1.5 million

If you're in the market for mansion living but you're working with a house budget, this breathtaking Toronto property, whose price was just reduced by $1.5 million, might just be the place for you....Assuming that "house" budget is $5 million, that is.Located on a serene street steps from Bayview Avenue and York Mills Road, 37 Rollscourt Drive is the stuff Toronto property dreams are made of, boasting luxe-yet-tasteful finishes at every corner.With a prime location just minutes from Highway 401 and local schools, though, that serenity doesn't come at the expense of true city living.The grand entrance.Soaring over the centrepiece of the main floor — an elegant cascading staircase that leads to the bedrooms and amenities on the second storey — you'll spy a refined domed skylight that gives the whole space a regal feel.The living room.The sleek 333-sq.-ft. living space provides a comfortable and stylish spot for social gatherings or unwin...

Economics