Ontario Archives - Mortgage Rates & Mortgage Broker News in Canada

CN Tower can be seen behind condos in Toronto's Liberty Village

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

April 13, 2025 No Comments

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand.

Greater Toronto home sales drop in March amid trade concerns: TRREB

April 3, 2025 No Comments

Home sales in the Greater Toronto Area fell 23.1% in March while more supply hit the market, helping bring down prices compared with a year ago.

Federal government promises $2.55B in low-cost loans to build Toronto rental homes

March 20, 2025 No Comments

The federal government is promising billions in low-cost financing to help build thousands of rental homes in Toronto, including more than a thousand affordable units.

Ontario Premier Doug Ford announces new cabinet with familiar names, few changes

March 19, 2025 No Comments

By Liam Casey and Allison Jones Ontario Premier Doug Ford named a new cabinet Wednesday with many familiar faces to tackle the challenges that a

Greater Toronto home sales down as mortgage costs, trade war weigh on buyers: board

March 5, 2025 No Comments

Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining “substantial” negotiating power.

Toronto home sales expected to rise 12% this year, but board says January saw drop

February 5, 2025 No Comments

The Toronto Regional Real Estate Board says it is forecasting a 12.4% increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

Minister of Housing, Infrastructure and Communities Nate Erskine-Smith

Housing Minister Erskine-Smith calls on Ontario to do more for social housing

January 23, 2025 No Comments

Federal Housing Minister Nate Erskine-Smith is calling on the Ontario government to do more to address social housing needs in the province.

Toronto’s proposed 2025 budget includes 6.9 per cent property tax increase

January 13, 2025 No Comments

The City of Toronto is proposing to increase property taxes by 6.9% this year to help fund its $18.8 billion operating budget for 2025.

Strong finish for Ottawa’s real estate market in 2024

January 13, 2025 No Comments

Ottawa’s real estate market wrapped up 2024 with a solid uptick in activity, as December home sales rose 7.9% year-over-year.

Greater Toronto home sales dip in December to cap ‘transitionary’ 2024: board

January 7, 2025 No Comments

Greater Toronto home sales fell slightly last month to cap a year that saw buyers take advantage of “substantial negotiating power” on price.

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