46 h. ago Buyers are getting homes for way under asking price across these GTA neighbourhoods

Home sales are slowly starting to pick up again in and around Toronto, which has seen an extended period of real estate turmoil while buyers wait to see what comes of the trade war with the U.S. and the economic recession.Sick of standing by for a better time that may never come, more homeowner hopefuls waded into the market in July, which had the largest uptick in transaction volumes of any July since 2021.Part of what helped this was softer prices, especially in the condo sector, where the standard unit now sells for 9.3 per cent less than it was a year ago.Meanwhile, the average sales price across housing types in the region has fallen 5.5 per cent over the same period, in part due to bidders successfully offering less than the asking price to desperate sellers whose properties are sitting up for grabs for far longer than ever.Toronto-based real estate agency Wahi regularly assesses where and to what degree houses and condos in the region are go...

Economics

69 h. ago Clutch CEO Dan Park Appointed to OMVIC Industry Advisory Council

Appointment signals Clutch’s commitment to shaping the future of vehicle sales amid evolving consumer expectations. TORONTO — Clutch, Canada’s leading online used car retailer, today announced that its CEO, Dan Park, has been appointed to the Industry Advisory Council of the Ontario Motor Vehicle Industry Council ( OMVIC), the province’s vehicle sales regulator. Dan Park […]

Other

6 d. ago Pinterest Shares Fall After Earnings Miss, Slowing US User Growth

Pinterest Inc. reported second-quarter sales that beat analysts’ expectations, but earnings for the second quarter were less than Wall Street expected and user growth in the US and Canada, the company’s most lucrative market, was flat. The stock dropped by as much as 14% in after-hours trading.

Other

7 d. ago Toronto's hottest month of home sales in years is actually not quite what it seems

It appears as if Toronto's real estate market is finally starting to buck the acute, uncharacteristic downward trend that has defined it for many months.Numbers from the last month of property sales in and around the city have arrived, and they show that the region is, as experts have predicted and hoped, indeed recovering from the unprecedentedly weak sales numbers and record-high inventory levels that it's experienced so far this year.According to the data, released in a report from the Toronto Regional Real Estate Board (TRREB) on Wednesday, 10.9 per cent more homes changed hands over the course of July 2025 than during July 2024 — and the first year-over-year increase in sales period since fall 2024.This is also the first time since last November that sales have outpaced the number of new listings. While this report still details a 5.7 per cent uptick in the number of homes hitting the market last month&nb...

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7 d. ago Toronto home sales heated up in July but flat market still predicted for rest of the year

TRREB data show home sales climbed 13%, while prices slipped slightly and days on the market grew

Other

7 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.

Other

8 d. ago Toronto Home Sales Rise Most Since October as Economy Holds Up

Home sales in Toronto rose the most in nine months as the Canadian economy appeared to hold up in the face of uncertainty sparked by US President Donald Trump’s trade war.

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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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3 w. ago Scoop, There It Is! Doughlivery by Ben & Jerry’s Cools Down Torontonians to Celebrate National Ice Cream Day

Toronto, July 17, 2025 (GLOBE NEWSWIRE) — This summer, when the Toronto heat hits its peak, Ben & Jerry’s is bringing the chill – literally. To celebrate National Ice Cream Day, the iconic ice cream brand will hit the streets with the Doughlivery by Ben & Jerry’s truck, an activation offering the chance of free ice cream and a few extra-sweet surprises designed to help Ben & […]

Society

4 w. ago ‘From bad to terrible’: Toronto’s market for new condos has fallen off a cliff

Sales in Toronto are down 77% from last year to levels not seen in 30 years, according to Urbanation Inc.

Other

4 w. ago Jordan Peterson’s house in Toronto up for sale as he and his wife relocate to the U.S.

'With the touring they do, they were hardly in Toronto at all anymore, and it didn’t make sense to keep the house,' Peterson's daughter Mikhaila Fuller said

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4 w. ago Canada’s home sales rise for second month, led ‘overwhelmingly’ by the Greater Toronto Area

GTA sales have rebounded by 17% since April, says CREA

Other

4 w. ago Porter Airlines Finalizes Sale and Leaseback Agreement for Four Embraer E195

MUNICH & TORONTO — Porter Airlines has secured a sale and leaseback agreement for four Embraer E195-E2 aircraft to be delivered in 2025. The agreement was led by funds managed by affiliates of Fortress Investment Group (Fortress) and GOAL Aircraft Leasing. GOAL Aircraft Leasing is also serving as lessor manager for the aircraft. Ashland Place […]

Sport