Your Weekly Toronto Real Estate Snapshot, Powered By Zoocasa (Dec. 26

Things have yet to pick up in the new year, as both month-over-month and year-over-year declines have deepened; houses for sale in Toronto fell to 14 transactions, a whopping 84 per cent drop from November and 48 per cent from 2017, while there were no semi-detached sales at all. A total of three townhouses sold, which marks an 86 per cent decrease from last month, but exactly flat from the same week in 2018. Condos also saw significant declines, falling 83 per cent from last month with 23 units sold, coming in 62 per cent below last year’s activity. However, it will be interesting to see if the usual seasonal sales pick up occurs in the coming weeks, as buyers return to the market with renewed resolutions, and sellers opt to relist after the holiday hiatus.

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Your Weekly Toronto Real Estate Snapshot, Powered By Zoocasa (Dec. 26 – Jan 1)

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The Ontario Real Estate Association called development charges "one of the most direct levers available to reduce costs and accelerate construction" of new housing.

For a new generation of buyers, getting in may look different, take longer, and require more creativity than ever before.

Windowless dens have been criticized, by everyone from architects to end users, for their lack of light, air flow, and temperature control. In short, they're a hot topic.

The "GTA Rental and Affordable Housing Initiative" is a partnership between High Art Capital and the Building Ontario Fund.

Looking ahead, the report projects that national housing starts will decline through 2026 to 2028 as developers contend with elevated costs, softer demand, and higher inventories.