🏠🇨🇦 TORONTO SPRING INVENTORY SQUEEZE: 18K LISTINGS BUT FEWER FRESH HOMES
🔹 GTA active listings hit 18,000 units but new listings drop 11% year-over-year creating quality shortage 📉
🔹 5-year fixed rates at 3.94%-4.9%, Bank of Canada holds overnight rate at 2.25% through April 🏦
🔹 Detached homes in Vaughan/Markham see multiple offers for turnkey properties while fixers sit 50+ days 🏘️
🔹 Condos offer buyer opportunity with 20K units available, selling 3% below asking price 📊
Market finds footing with $1.5M insured mortgage cap and 30-year amortization options boosting demand 💰
Save this Toronto market update for spring home shopping 🔖🇨🇦
#CanadaNews #TorontoHousing
@canada
🔹 GTA active listings hit 18,000 units but new listings drop 11% year-over-year creating quality shortage 📉
🔹 5-year fixed rates at 3.94%-4.9%, Bank of Canada holds overnight rate at 2.25% through April 🏦
🔹 Detached homes in Vaughan/Markham see multiple offers for turnkey properties while fixers sit 50+ days 🏘️
🔹 Condos offer buyer opportunity with 20K units available, selling 3% below asking price 📊
Market finds footing with $1.5M insured mortgage cap and 30-year amortization options boosting demand 💰
Save this Toronto market update for spring home shopping 🔖🇨🇦
#CanadaNews #TorontoHousing
@canada
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🏠📈 TORONTO HOUSING SHOWS EARLY RECOVERY SIGNS — VANCOUVER PRICES PLUNGE 6.9%
🔹 Toronto GTA sales up 1.7% YoY to 5,039 units with new listings down 16.7% — supply tightening signals price floor formation 🎯
🔹 Vancouver benchmark drops to $1.098M (down 6.9% YoY, 6% MoM) despite detached sales jumping 14% — buyer leverage remains strong 📉
🔹 Active inventory 38% above average in Vancouver vs Toronto supply shortage — two-speed market emerging across Canada 🏘️
RBC warns 'long road to recovery' as buyers gain negotiating power. Condos worst hit: -8.9% YoY in GTA, national -6% decline ⚡
Perfect time for strategic home purchases 🏡🇨🇦
#TorontoHousing #VancouverRealEstate
@canada
🔹 Toronto GTA sales up 1.7% YoY to 5,039 units with new listings down 16.7% — supply tightening signals price floor formation 🎯
🔹 Vancouver benchmark drops to $1.098M (down 6.9% YoY, 6% MoM) despite detached sales jumping 14% — buyer leverage remains strong 📉
🔹 Active inventory 38% above average in Vancouver vs Toronto supply shortage — two-speed market emerging across Canada 🏘️
RBC warns 'long road to recovery' as buyers gain negotiating power. Condos worst hit: -8.9% YoY in GTA, national -6% decline ⚡
Perfect time for strategic home purchases 🏡🇨🇦
#TorontoHousing #VancouverRealEstate
@canada
❤5
🏘️📈 TORONTO HOUSING MARKET SEES MAJOR POLICY SHIFT IN 2026
🔹 Ontario government announces 15,000 new rental units fast-track approval process — construction permits reduced from 18 months to 6 months timeline ⚡
🔹 Toronto average home price hits $1.28M in May 2026, up 4.2% year-over-year as condo market shows signs of stabilization with 2.1% monthly decline 📊
🔹 New foreign buyer tax increases to 25% while first-time homebuyer program expands eligibility to household income up to $185,000 annually 🏠
Save this for your Canadian housing strategy planning 📲🇨🇦
#TorontoHousing #CanadaNews
@canada
🔹 Ontario government announces 15,000 new rental units fast-track approval process — construction permits reduced from 18 months to 6 months timeline ⚡
🔹 Toronto average home price hits $1.28M in May 2026, up 4.2% year-over-year as condo market shows signs of stabilization with 2.1% monthly decline 📊
🔹 New foreign buyer tax increases to 25% while first-time homebuyer program expands eligibility to household income up to $185,000 annually 🏠
Save this for your Canadian housing strategy planning 📲🇨🇦
#TorontoHousing #CanadaNews
@canada
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