Sure, prices and rents are down, and keep falling. But not enough. And incomes aren't rising. Real estate is down 20-25% since 2022, but unless wages shoot up 50%, most people will still be mired in CoL issues.
torontolife.com/city/access-β¦
Until it goes over asking... which wouldn't be shocking at all.
blogto.com/real-estate-toronβ¦
Good, we need more apartments. And gone are the days of easy condo sales, and gone are the days of crowd-sourced apartments, selling condos to investors.
ctvnews.ca/business/real-estβ¦
I hate this so much. It looks bad and it is deceiving to buyers. Never mind, when we see the property in person, it is empty, it doesn't look like the photos. No idea when TRREB and MLS allow this, it is blatant false advertising.
cbc.ca/news/canada/toronto/rβ¦
Then they'll have to boost property taxes to make up for it. City has become too reliant on LTT revenues. Thank David Miller for this.
ca.news.yahoo.com/break-cityβ¦
Not sure that is true. I have a lot of clients who are first time buyers, and they're buying small condos and the like. Not everyone wants a 3-bed house; not everyone can afford one, even if they wait. And what you want & need will change over time.
nowtoronto.com/news/ontario-β¦
It's all too late. We waited until the housing crisis was an actual crisis. Everything, from development charge reductions to laneway housing, multiplexes and HST rebates, all of that should have been started 30 years ago. Too late and too expensive now.
urbantoronto.ca/news/2026/10β¦
It will be interesting, that's for sure. Not sure what I think, the renderings were pretty cool, but the glass block doesn't look as good IRL, to me at least. Have to see it done, with the foliage and all, to know for sure.
blogto.com/real-estate-toronβ¦
Hopefully it is the start of a new trend... but one month doesn't mean much.
cp24.com/news/canada/2026/10β¦
No surprise, global economic chaos is not good for real estate.
cbc.ca/news/business/crea-seβ¦
Boo! I'd always hoped, even though I knew it was never going to happen, that that building would be converted into some cool lofts. But this is a tragic end, something interesting could have/should have been done with that place.
ctvnews.ca/toronto/article/tβ¦
Okay... that is not as terrible as I feared. Too bad they didn't keep any of the old lobby, al a the Tip Top Lofts, that would have been pretty cool. As much as we need density along Yonge, it is nice to keep some personality to the streetscape.
urbantoronto.ca/news/2026/10β¦
I don't know about a "hit," but it is not likely that they will start rising again any time soon. More months of slight downward trends isn't quite the same thing. A lot riding on the municipal elections, and the midterm chaos in the US.
blogto.com/real-estate-toronβ¦
100% THE coolest lofts you can get. There are some truly amazing buildings in Toronto, way more than listed here. Trust me, I know the unique stuff, reach out if you want to know more (I just sounded like Starship Troopers, didn't I?).
toronto.com/life/zoocasa-torβ¦
Not sure that's true. It was rising interest rates in 2022 that killed new condos. The whole market was geared to investors and suddenly, shoebox ant farms weren't profitable any more & they stopped buying. We need affordable condos geared to end-users.
urbantoronto.ca/news/2026/10β¦
The problem is that David Miller brought it in way back, to avoid increasing property taxes. Now, the city relies on the LTT as a source of revenue. People would LOSE it if they scrapped it and increased property taxes to fill the gap.
ca.finance.yahoo.com/news/gaβ¦
Who else is a fan of converting unused office space into housing?
urbantoronto.ca/news/2026/10β¦
Nothing. The ban didn't bring prices down, so removing it won't bring prices up. It was performative long-hanging fruit to appease complainers. Much like the vacant home tax.
globalnews.ca/news/12100516/β¦


