Uncategorized - MOCEEREALTOR

Toronto Real Estate Prices Climb As Inventory Remains Near Highs

Toronto real estate prices rose 0.3% to $941,800 in March, marking a modest recovery but still 7.4% below last year. Sales increased slightly to 5,039 homes, the second-weakest March in 15 years. New listings dropped...

YoY Toronto home sales increase for the first time in six months

Greater Toronto's resale market tightened in March 2026 with sales rising 1.7% to 5,039 despite a 16.7% drop in new listings. Average prices fell 6.7% to about $1.02 million, with detached homes dominating sales and...

April 23, 2026

Ontario to Expand HST Rebate for Homes

Ontario planned a temporary HST rebate expansion to support a struggling home construction sector. The plan removed the full 13% HST for eligible new homes priced up to $1M. Max rebate: $130K up to $1M...

April 22, 2026

Homebuilders Support HST Removal for Year

Ontario and federal governments removed HST on new homes <$1M and reduced tax up to $1.85M. Industry groups said the 1-yr measure should lower upfront costs, boost buying power, and support construction jobs. Tax details:...

April 20, 2026

TRREB Applauds Expanded HST Relief for Buyers

Ontario extended HST relief to all new-home buyers, covering purchases up to $1.5M, not just first-timers. Rebates can reach $130K on qualifying new units, tapering above $1.5M between April 1, 2026 and March 31, 2027....

Rate relief stirs cautious revival in GTA spring market

Canada's housing market in spring 2026 shows increased activity due to lower borrowing costs and pent-up demand. Despite this, supply remains insufficient, with a need for 3.5 million more homes by 2030 to restore affordability....

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...