Category: Uncategorized
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Peel Region sees 2.4% jump in home prices: Average hits $1.02 million
The average home price in Peel Region reached $1.02 million in May 2025, up 2.4% from April but down 4.6% year-over-year. Sales dropped 13.5%, while active listings rose 51.9%. Detached homes averaged $1.32 million, semi-detached $924,571, attached $864,867, townhouse condos $709,737, and apartment condos $567,621. Prices have nearly doubled since 2015 across all home types.…
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GTA Land Deals Hit 5-Year Low in 2025
In Q1 2025, only 47 land sales closed for $398M — lowest in five years. New condo construction starts drop 80% in Q1.
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GTA Homes Offer Value This Summer
GTA summer market offers more choices as listings increase, giving buyers better negotiation power. Buyers enjoy a balanced market with less urgency, allowing careful home selection.
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Happy Canada Day
To all Canadians around the world, a very happy Canada Day to you all. This day commemorates the unification of the three North American British colonies. Canada Day is a celebration of a united Canada and examining its defects, past and present, should not lead us to overlook its strengths. So let’s pour our hearts…
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GTA Home Sales Climb 1.8%, Prices Fall Again
Greater Toronto Area home sales rose 1.8% in April to 4,267 units after recent declines. Despite the monthly gain, sales were still down 23.3% compared to April 2024.
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GTA Sees Widespread Underbidding in Early-Q2
84% of GTA neighbourhoods saw underbidding in April, the highest level since tracking began in 2022.Condos faced 97% underbidding, compared to 76% for single-family homes — a shrinking 21-point gap.
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Gta’s $1 Listings: Strategy or Desperation?
Some GTA homes and lots are listed for $1 to attract attention amid uncertain market values. These $1 listings often involve unique properties, vacant lots, or combined homes with development potential.
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Mississauga home prices surge to $1.04 million, marking a 4.7% increase in May 2025
Mississauga's average home price reached $1.04 million in May 2025, up 4.7% from April but down 5% year-over-year. Sales dropped 20%, while active listings rose 51.7%. Detached homes averaged $1.47 million, semi-detached $985,660, attached $1.02 million, townhouse condos $742,060, and apartment condos $584,398. Prices have risen significantly since 2015, with detached homes up 84.5%. Continue…
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GTA Infrastructure Costs: Who’s Footing the Bill?
GTA growth demands more infrastructure, but who should truly pay for these rising costs? GTA new home buyers face the highest development charges in North America, severely impacting affordability.
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Top 5 Overbidding GTA Neighbourhoods in Early-Q2
1. Bickford Park – Median sold price: $1.3M – Median overbid amount: $201K 1. Bickford Park – Median sold price: $1.3M – Median overbid amount: $201K