Mindblown: a blog about philosophy.

Toronto’s condo oversupply will continue affecting home prices, keeping growth below average. GTA home sales remain weak but are expected to improve gradually, including in the condo market.

A longer amortization means revisiting mortgage terms more frequently, influencing the choice between fixed or variable.Longer amortizations mean paying more interest upfront, so repaying principal early is key.

In Toronto, the median condo price has surpassed $600K, making affordability a challenge. Despite this, three Toronto neighbourhoods offer condos under $550K as of early 2024.

Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…

Land costs account for up to 25% of a new home’s cost, influenced by limited urban expansion. 72% of people support expanding municipal boundaries, while 69% favour higher-density development.

Availability rate climbed to 20.2%. Sublet space increased by 419,000 ft². Construction ongoing with 3.2 million ft² in progress.Vacancy rates hit 14%, varying by submarket.