Uncategorized - MOCEEREALTOR

Smart Ways to Keep Your Toronto Renovation Budget on Track

A 2025 survey found 65% of homeowners exceed renovation budgets by 10% due to material upgrades and scope changes. In Toronto, aging homes often reveal hidden issues, requiring a 10-15% contingency reserve. Unpermitted work leads...

Uptick in GTA home sales expected in 2026

GTA resale housing market tightened in February 2026 with home sales down 6.3% year-over-year to 3,868, while new listings dropped 17.7% to 10,705. The benchmark price fell 7.9% to an average of $1,008,968. Condo prices...

April 16, 2026

Greater Toronto Home Sales, Prices Drop

New listings ↓~18% in Toronto as analysts cite sellers waiting out falling prices. Toronto sales ↓~6% to ~4K, while new listings fell faster. Prices kept sliding: Toronto avg. ~$1M, yearly ↓~7%. Sales have fallen yearly...

April 15, 2026

Toronto: Market Under Pressure in 2026?

Elevated inventory levels are expected to keep price growth subdued throughout 2026. Slower population growth and reduced immigration are weighing on housing demand. Condo construction is declining, though rental supply continues to expand. Market conditions...

April 13, 2026

Toronto Condo Prices in$300Ks May Not Revive Market

Condo downturn stretches into 2026, with some listings again below $400,000. Avg price was $604,759 in early 2026, down nearly 10% yearly across the city and suburbs. Rates ~4% plus rising taxes, condo fees, insurance...

Canadian Homebuyers Enjoy More Affordable Prices in Major Cities

Five major Canadian cities now show year-over-year home price declines, with national prices down 2% in February. Ottawa joined Hamilton, Toronto, Vancouver, and Victoria in experiencing annual price drops. Condo prices fell 5% nationally, the...

Cost of Living: Halifax vs Toronto in 2026

In 2026, Halifax offers significantly lower rent ($300-$1,200/month) and home prices ($400,000-$700,000 less) than Toronto, making homeownership more affordable. Salaries in Halifax are $10,000-$25,000 lower, but cost savings on housing, groceries, and auto insurance often...

Toronto’s Housing Pipeline Surpasses 850,000 Units Milestone

Toronto's housing pipeline exceeds 850,000 units, but annual completions average only 17,000 to 25,000, revealing a significant gap between planned and delivered homes. Most units remain in early stages, with delays in approvals, financing, and...

April 9, 2026

Toronto Condo Market Faces Another Slump

Average condo price now $626,650, down from just under $800,000 four years ago. GTA condo sales last month ↓ to 1,088, more than 60% lower than four years earlier. In $700K-$800K range, sales went from 784...

April 8, 2026

Toronto Home Prices Drop 24% in Mid-Q1

Average price went from $1,334,544 in February 2022 to $1,008,968 in February 2026. Past downturn: prices ↓21.3% in 4 years after 1989 peak, then bottomed in 1995 at ↓28.5%. Foch says buyers are sidelined while...