Category: Market Pulse
-
Toronto’s development charges soared 1,799% since 1999; killing housing starts
Toronto’s development charges have exploded from $5,000 in 1999 (~$10,250 adjusted for inflation) to nearly $195,000 per new house today—a staggering 1,800% increase that’s crushing new construction. This regulatory cost barrier is a primary reason housing starts plummeted 58% and new-home sales dropped 91% in early 2025, contributing to a citywide housing crisis. Without urgent Read more
-
5 Landlord Wins That Make Bill 60 a Total Game-Changer
Bill 60 introduces several major changes for landlords under Ontario’s Residential Tenancies Act, aimed at expediting eviction procedures and reducing landlord costs associated with tenant removals. Key Changes for Landlords Shortened Eviction Notice for Rent ArrearsLandlords can now serve an N4 eviction notice only 7 days after rent is overdue, reduced from the previous 14 Read more
-
Canada’s Rental Market Reality Check: What the Data is Revealing
The multifamily landscape is experiencing a dramatic shift. Here’s what’s happening right now: New buildings are struggling. Purpose-built rentals completed post-2020 are facing vacancy rates approaching 10% in major markets, while older, affordable units remain near full occupancy. The disconnect? New luxury units are pricing themselves out of reach just as economic headwinds intensify. The numbers tell Read more
-
Greater Toronto home sales down 9.5% in October from last year
Here’s a summary: Greater Toronto Area (GTA) home sales in October 2025 were down 9.5% compared to October last year. On a seasonally adjusted basis, sales dropped 2.3% from September. New listings increased 2.7% year-over-year to 16,069, while active listings rose 17.2% to 27,808. The benchmark index for prices fell 5% from last year, and Read more
-
Job vacancies hit 457,400 in August — the lowest since 2017
Canada’s job market tightens! Job vacancies hit 457,400 in August — the lowest since 2017. Read more
-
Only 53 new condos sold in Toronto this September — a historic low.
Source: https://www.bnnbloomberg.ca/business/real-estate/2025/10/28/toronto-seeing-historic-market-downturn-with-just-53-new-condos-sold-in-september-bild/ Only 53 new condos sold in Toronto this September — a historic low. Is this the bottom or just the beginning? Now’s the time for buyers to pay close attention. Gurpinder GaheerReal Estate Broker & Mortgage Broker📞 647-999-3962📧 gurpinder@gaheer.com TorontoRealEstate, #MarketUpdate, #GTAHousing, #CondoMarketCrash, #HomeBuyersAlert, #RealEstateNews, #InvestmentOpportunities, #TorontoCondos, #HousingCrisis, #GurpinderGaheer Read more
-
4 out of 5 housing projects in the GTHA are stalled. That’s over 1.2 million units on pause.
Source: https://www.bnnbloomberg.ca/business/real-estate/2025/10/22/stalled-housing-projects-in-gtha-significantly-outnumber-active-projects-report/ 4 out of 5 housing projects in the GTHA are stalled. That’s over 1.2 million units on pause. 🔗 Full Article At: gaheer.com 👤 Gurpinder Gaheer 👤 Real Estate Broker 👤 Mortgage Broker 📞 647-999-3962 📧 gurpinder@gaheer.com 🌐 gaheer.com #brampton #gta #toronto #woodstock #kitchener #brantfordontario #mississauga #oakville #gtarealtor #gtahomes #gtarealestate #bramptonrealestate #bramptonontario #realestate Read more
-
Interest rates are dropping, but 87% of first-time buyers are still waiting.
📉 Interest rates are dropping, but 87% of first-time buyers are still waiting. Why? Confidence is low, but opportunity is HIGH! Now is the time to prepare, not pause! 🏡💼 Source: https://www.bnnbloomberg.ca/business/real-estate/2025/09/24/more-first-time-homebuyers-entering-housing-market-as-prices-dwindle-study/ Gurpinder Gaheer📞 647-999-3962📧 gurpinder@gaheer.comReal Estate Broker & Mortgage Broker #FirstTimeHomeBuyer #OntarioRealEstate #HousingMarket2025 #MortgageRates #HomeOwnership #RealEstateCanada #TorontoHomes #DownPayment #FinancialPlanning #BuyersMarket #PropertyInvestment #RealEstateBroker #MortgageBroker #GurpinderGaheer Read more
-
Scarborough’s Town Centre Place Project Placed in Receivership After Loan Default
Scarborough’s Town Centre Place Project has entered receivership following a default on its loan obligations. Read more
-
GTA Homes Selling Below Asking in Nearly Every Neighbourhood!
In the GTA market, 98% of areas experienced underbidding last month, signaling a significant advantage for homebuyers. Read more