GTA Housing Market: More Choice, Greater Affordability for Buyers
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.
Bank of Canada announced rate cut October 29, 2025
The Bank of Canada has lowered its benchmark interest rate, cutting by 25 basis points amid continuing signs of a softening national economy.
What does BoC's latest rate cut mean for Canada's housing market?
Lower rates ease payments, but buyers and lenders stay cautious
Ontario plans to waive HST on new homes for first-time buyers up to $1M
The Ford government will waive its portion of the sales tax on new homes for first-time buyers up to the value of $1 million as it bids to stimulate slumping home sales and housing starts in Ontario.
GTHA condo market falls to 35-year low, report shows
Once the country’s hottest real estate region, the Greater Toronto and Hamilton Area condo market hit a 35-year low this year, according to a new report by real estate research firm Urbanation.
Bill 60 Explained: What Ontario Tenants and Landlords Need to Know About New Rental Laws
If you’re part of Ontario’s rental community—as a tenant or a landlord—you might have heard about Bill 60, officially the “Fighting Delays, Building Faster Act.” While the name suggests construction, this new provincial law introduces important updates to the Residential Tenancies Act (RTA) that directly affect how leases operate and how disputes are handled.
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ted to hold in December as GDP improves - but underlying weakness lingers
Stronger-than-expected GDP data has strengthened expectations that the Bank of Canada will hold its policy rate in December. Third-quarter GDP rebounded 2.6% q/q annualized, well above forecasts, while September posted a modest 0.2% gain following August’s decline.