Author: Ava Cui

CMHC’s 2025 Mid-Year Rental Market Report: What You Need to Know

Canada’s rental market is shifting in 2025. CMHC’s latest report reveals rising vacancy rates, slower rent growth, and continued strength in cities like Toronto. With 88% of new rental apartment projects backed by CMHC financing, purpose-built rentals are on the rise. Whether you’re a renter or investor, understanding these trends is key to making smart housing decisions

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GTA Condo Market Report Q4 2024: Sales Surge, Prices Adjust, and Inventory Expands

In Q4 2024, the Greater Toronto Area (GTA) condo market experienced notable shifts, with sales increasing by 25.5% year-over-year, signaling improved affordability and buyer confidence. Despite the sales growth, average prices dipped by 1.6% to $689,198, while active listings surged by 43%, giving buyers more negotiating power. Market trends varied by region, with Downtown Toronto favoring smaller units for young professionals, while North York and Mississauga saw stronger demand for larger living spaces. Additionally, a record-breaking 29,800 new condo completions put downward pressure on rental prices, particularly for smaller units, though demand for three-bedroom units remained steady. As the market continues to evolve, shifting buyer preferences and economic factors will play a key role in shaping future trends.

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