A curated list of recent headlines relevant to real estate in Canada or locally, with short excerpts. Click each headline link to read the full article on the source site.[ Toronto Home Prices Plunge To 6-Year Low, 28% Below Peak ]
"Greater Toronto’s real estate recovery experienced another setback last month. Toronto Regional Real Estate Board (TRREB) data shows home sales pulled back in September. Falling sales met with historically lofty inventory, helping to push home prices to a 6-year low. "
[ Canadian Rents Fall For 24th Month, Driven By Shrinking Unit Size ]
"Canadian rents continue to fall but a lack of demand hasn’t been the driver. Rentals.ca and Urbanation data shows asking rents fell in September. This marked a 24th straight month of declines, mostly in condo apartments. However, more than half the drop within the past two years was due to shrinking unit size. "
[ Ottawa considering ‘options’ as foreign home buyer ban nears end: minister ]
"Finance Minister Francois-Philippe Champagne said the government is “considering the options” on extending a ban on foreign ownership of Canadian residential property. Champagne appeared non-committal when asked if Ottawa would extend the ban, which banned foreign investors from buying Canadian residential property and was first enacted in 2022."

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