Dark Mode
Blogs
Toronto’s real estate market continues to struggle as January 2025 home sales declined by 7.9% compared to January 2024, despite a significant 70.2% increase in active listings. New listings also rose by nearly 50%, with properties taking longer to sell. Despite sluggish sales, average home prices edged up 1.5%, though condos saw a 1.6% price drop, particularly in the 416 area, prompting some developers to delay or abandon projects.
The Toronto Regional Real Estate Board (TRREB) remains cautiously optimistic, predicting a 12.4% sales rebound and a 2.6% price increase by year’s end, fueled by lower borrowing costs and improved affordability.
Did you like this article?
Did you like this article?
Bolivia has declared a state of emergency as severe flooding devastates the country, affecting around 380,000 families. President Luis Arce announced the measure to speed up rescue operations and the procurement of emergency equipment. The rainy season, which lasts...
Bad Bunny and Adidas are back with a fresh sneaker drop! The Puerto Rican superstar is releasing a "ballerina sneaker," putting his spin on Adidas' Taekwondo silhouette with a mix of suedes and canvas. The debut colorway? A bold gold (yellow), launching March 29 for...
Argentina have officially secured their place in the 2026 World Cup with a dominant 4-1 victory over Brazil in Buenos Aires. Goals from Julián Álvarez, Enzo Fernández, Alexis Mac Allister, and Giuliano Simeone sealed a resounding win, marking a celebration-worthy...
Conservative Leader Pierre Poilievre has pledged to cut the lowest personal income tax rate from 15% to 12.75%, a 15% reduction, which he says will save individuals $900 and dual-income families...
Canada defeated the United States 2-1 to secure third place in the CONCACAF Nations League, marking its first back-to-back wins over the U.S. since 1985. Jonathan David scored the winning goal in...
With an election call imminent, Canada’s political leaders are preparing for a high-stakes campaign centered on the country’s response to a trade war with the U.S. Prime Minister Mark Carney is...
0 Comments