25 h. ago Westside Vancouver homes selling for below asking price, with some discounted by millions

Every detached Vancouver home west of Granville reported sold between Nov. 3-14 went for below asking price, with some selling well below

Economics

5 d. ago Historic Toronto mansion that's now 6 luxury apartments up for grabs at $5 million

While some Toronto historic property conversions on High Park Ave. have... uhh... stalled, this majestic old home at 178 High Park Ave. is definitely not one of them. In fact, I would say it's thriving.  When the seven-bedroom house sold back in 2018, it was a tired, late-1800s Queen Anne Victorian single-family home that had been in the same family for over 60 years and it was in dire need of some upgrades. And boy, did it ever receive a glow-up! Listing agent Edward Wang told blogTO that the seller went to extraordinary lengths to preserve the home's original character, replicating every door panel and matching door heights to the late-1800s design, restoring all the original crown moulding that had been hidden by a drop ceiling, and carefully saving the original ceiling medallions and tin ceiling tiles.The foyer of the owner's suite. Now, 178 High Park Ave. has been meticulously restored, renovated, and reimagined with the ...

Economics

1 week ago Should Charlotte carry a $200,000 mortgage into retirement or sell her home and rent?

FP Answers: This formula helps to compare renting to owning when making the decision, but keep these caveats in mind

Economics

1 week ago There are only 6 GTA neighbourhoods where homes still sell above asking price

The Greater Toronto Area (GTA) housing market is totally in the dumps right now, but as home prices tumble across the region and the supply of properties for sale increases far beyond projections, there are still a few places where sellers are raking in figures above asking price.New October data from real estate firm Wahi offers a glimpse behind the curtain at the remaining pockets of the GTA where buyers can still command bidding wars, fetching prices over asking. But they certainly aren't in abundance, with just six remaining neighbourhoods out of almost 300 in the entire region where homes are selling for more than the list price — accounting for just two per cent of the entire GTA.Underbidding only increased last month, with a noticeable month-over-month spike from September. The 2 per cent of neighbourhoods with overbids in October is a sharp decline from the 8 per cent recorded in September 2025.WahiWahi Economist Ryan McLaughlin notes that analysts had seen si...

Economics

1 week ago Toronto housing market is dying and here's how much average prices have dropped

Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting further doubt on the future of the region's turbulent housing market.The latest data from the Toronto Regional Real Estate Board (TRREB) highlights continued market challenges affecting homeowners and sellers, while the ever-falling cost of a home in the region offers a ray of hope for would-be homebuyers who have been priced out of the market throughout the last decade of runaway land values.TRREB's Oct. 2025 data reveals that home sales have once again declined year-over-year in the region, with 6,138 home sales representing a 9.5 per cent drop over the same period in 2024.The City of Toronto registered 155 fewer home sales year-over-year, while 905-region sales declined by 491 homes. Overall, GTA home sales declined by 646 units in October 2025 from the 6,784 units sold during the same period last year.Figures were also down mo...

Economics

1 week ago Ontario house with a hot tub just outside the city somehow under $500K

Anyone who's spent time doomscrolling through Toronto real estate listings lately knows that "starter home" has basically become code for "condemned shack that'll eat your savings and your will to live."Despite a slower market, the average home in Toronto still sells for over $1 million, which makes finding a detached house that isn't a full-gut renovation money pit feel like a fantasy.But if you're willing to look just outside the city — say, in Oshawa — you might be surprised by what half that price can get you.The living room. Take 200 Court St., for example. This fully updated, three-bedroom detached home is listed for under $500,000. Yes, you read that right — a whole house costs less than your average downtown Toronto one-bedroom condo.The dining room. Nestled on a quiet, family-friendly street, the home is completely turnkey, meaning you won't have to spend the next year arguing over backsplash tiles or ...

Economics

1 week ago GTA Housing Market: More Choice, Greater Affordability for Buyers

TORONTO, Nov. 05, 2025 (GLOBE NEWSWIRE) — Home sales in the Greater Toronto Area (GTA) were down year-over-year in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates.   “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long […]

Other

2 w. ago Toronto duplex with tons of original features is somehow under $1 million

If you've spent any time scrolling Toronto real estate lately, you know that seeing anything with four walls and a roof listed under $1 million usually means one of two things: it's either a shoebox or it's missing said roof.But 41 Tyndall Ave. in Parkdale? This one is a head-scratcher.Listed at just $899,000, this Edwardian duplex sits proudly on a sunny corner lot, dripping with early-1900s charm — leaded glass windows, a turret, fireplaces, hardwood floors, and even a rooftop deck.The foyer with original stained-glass windows. And yet, it's somehow priced barely above the average cost of a condo downtown, and way below the neighbourhood's going rate.The main floor unit kitchen. For context: the average detached home in this area sells for around $2.25 million.Cute period details. Even more eyebrow-raising, this same property sold for $1,056,550 back in 2015 — meaning, on paper, it's somehow gotten cheaper over the past decade.One...

Economics

3 w. ago Blue Jays’ success proving to be home run for businesses selling team merchandise

TORONTO — Bobby Mahomed’s Ottawa sportswear shop may be 455 kilometres from the Toronto Blue Jays’ home plate but sales linked to the team are so brisk, you’d think the business was right next store. In the months since the Jays made it into the playoffs, Game On! at the St Laurent Shopping Centre has […]

Economics

3 w. ago Winnipeg Blue Bombers set record with 14 consecutive home sell

The club announced Thursday that it has officially sold out every regular-season home game of 2025 — recording a total of 14 consecutive sell-outs since August 2024.

Economics

4 w. ago Record number of condo projects are being scrapped in brutal Toronto market

GTA real estate has been setting numerous all-time records lately, but not the type we may be used to from the years that bidding wars and soaring prices defined the market.In the last few months, the number of active resale real estate listings peaked to a new high of more than a bewildering 32,000, making for the largest disparity between supply and demand seen in the city as sales bottom out and units sit up for grabs for longer than ever.It's pushed some homeowners to sell for far less than they'd wanted — or even what they bought for years ago — and even driven wealthy developers to take pause, cancelling forthcoming complexes that were due to generate tens of thousands of new homes, if they don't get put into receivership.The latest stats on housing starts in the region are pretty dreadful, showing that the beleaguered condo segment has just hit a shocking 35-year low for new construction.In a report released Thur...

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