Real estate news

Headlines that matter for buying, selling and renting in Toronto and the GTA: interest rates, housing programs and rules, and the market, plus my own updates.

From Mehran

• GTA real estate market update: October 2026Oct 18, 2026

  Homes for sale, typical asking prices, price cuts, rents and mortgage rates across Toronto and the GTA for October 2026.

• Bulk condo purchases account for 45% of new sales as Toronto market struggles ↗ Toronto Star · Oct 19, 2026
• Here’s how much home prices could decrease in Greater Toronto Area this year ↗ insauga.com · Oct 19, 2026
• Toronto fixer-upper listed well below neighbourhood average but can't find buyer ↗ blogTO · Oct 18, 2026
• A home in Mississauga or Brampton, at what cost? Housing market remains unattainable for most residents, while NIMBYism only makes it worse ↗ The Pointer · Oct 16, 2026
• Ontario and Canada Making Homes More Affordable in Guelph ↗ Government of Ontario · Oct 16, 2026

  City receiving up to $48.3 million for infrastructure in exchange for reducing development charges for three years

• TRREB Municipal Election Watch #2 ↗ TRREB · Oct 16, 2026

  Municipal Election 2026: Housing Affordability Takes Centre Stage With less than two weeks until Ontario’s October 26 municipal elections, housing affordability, municipal taxes and the cost of building homes are emerging as defining issues in communities across the Greater…

• Ontario and Canada Making Homes More Affordable in Orillia ↗ Government of Ontario · Oct 16, 2026

  City receiving up to $11.3 million for infrastructure in exchange for reducing development charges for three years

• CREA revises down 2026 home sales forecast again as September transactions fall 7.7% over same month last year ↗ CBC · Oct 16, 2026
• New Affordable Housing Coming to Bradford West Gwillimbury ↗ Government of Ontario · Oct 15, 2026
• Toronto home prices could take another hit before the year is over ↗ blogTO · Oct 15, 2026
• Market Watch ↗ TRREB · Oct 15, 2026
• Municipal Election: Housing Affordability Takes Centre Stage ↗ TRREB · Oct 15, 2026

  Housing affordability is a defining issue ahead of the October 26 municipal election across the Greater Toronto Area (GTA) and beyond. In the latest episode of TRREB’s Ready to Real Estate podcast, Chief Information Officer Jason Mercer speaks with Jessica Smith Cross,…

• In Brampton, these once-pricey homes are on sale for a huge discount ↗ The Globe and Mail · Oct 15, 2026
• Toronto housing prices will continue to fall until the end of the year, report predicts ↗ Toronto Star · Oct 15, 2026
• COVID Broke the GTA New Condo Market. What Rises From the Ashes Will Look Very Different ↗ UrbanToronto · Oct 14, 2026
• Toronto-area condos are being bulk sold at discounts as high as 45%. Now regular buyers have access ↗ Toronto Star · Oct 14, 2026
• What could happen to home prices if the foreign buyers ban expires? ↗ Global News · Oct 13, 2026
• Posthaste: How did Canada dodge collateral damage in one of its worst housing corrections ever? Maybe it didn't ↗ Financial Post · Oct 13, 2026
• Toronto housing prices are falling, but these two property types are still holding their value ↗ Toronto Star · Oct 9, 2026
• TRREB Municipal Election Watch: Housing, Affordability and Growth Take Centre Stage: Toronto, Peel, York, Durham, Halton & Barrie ↗ TRREB · Oct 8, 2026

  With Ontario’s municipal election on Monday, October 26, voters across the GTA and Simcoe are hearing increasingly detailed debates about housing affordability, property taxes, infrastructure, development charges, and how communities should accommodate growth. For REALTORS® and…

• Toronto rent prices fell to lowest September levels in 5 years: report ↗ CBC · Oct 8, 2026
• Toronto Housing Market Outlook (Fall 2026) ↗ REMAX Canada · Oct 7, 2026
• Conditions are diverging across Canada’s largest housing markets, report finds ↗ BNN Bloomberg · Oct 7, 2026
• Home prices remain lower than a year ago in Mississauga ↗ insauga.com · Oct 7, 2026
• Toronto home sales lose momentum as buyers hold their fire ↗ Mortgage Professional America · Oct 6, 2026
• Economic Uncertainty Kept GTA Homebuyers on the Sidelines in September ↗ TRREB · Oct 6, 2026

  Homebuyers were in a holding pattern in September, as uncertainty surrounding the economy, inflation and borrowing costs weighed on Greater Toronto Area (GTA) home sales. GTA REALTORS® reported 5,040 home sales through TRREB’s MLS® System in September 2026 – down nine per cent…

• Hopes of a fall housing recovery fade as September home sales drop 9% ↗ Financial Post · Oct 6, 2026
• Rising mortgage rates, tariff tensions weigh on Greater Toronto September home sales ↗ CP24 · Oct 6, 2026
• More turbulence hits Canada’s housing markets to kick off fall ↗ RBC · Oct 6, 2026
• ‘Still doomed’: Toronto condo sales and prices slump yet again ↗ Mortgage Professional America · Oct 6, 2026
• Toronto condo prices hit six-year low ↗ BNN Bloomberg · Oct 6, 2026
• Toronto home prices fall for a second month as loan costs rise ↗ Canadian Mortgage Trends · Oct 6, 2026
• Hopes of a fall housing recovery fade as September home sales drop 9% ↗ Yahoo! Finance Canada · Oct 6, 2026
• GTA home sales down from a year ago, average prices continue to decline: real estate board ↗ CBC · Oct 6, 2026
• Toronto-area home sales fall 9% as economic uncertainty scares off buyers and sellers ↗ Toronto Star · Oct 6, 2026
• Toronto's Home Sales, Prices Fall in September as Buyers Remain on The Sidelines, TRREB Says ↗ Yahoo Finance · Oct 6, 2026
• FOCH: GTA listings are falling faster than sales and prices are still slipping ↗ Real Estate Magazine Canada · Oct 6, 2026
• Toronto home sales post steepest decline since February on economic uncertainty ↗ Yahoo Finance · Oct 6, 2026
• Before the Ballots: Housing Affordability and City Development ↗ TRREB · Oct 2, 2026

  Explore key issues shaping municipal elections in the Greater Golden Horseshoe, including housing affordability, infrastructure, public safety, and regional governance. Jason Mercer sits down with journalist Jessica Smith Cross, radio talk show host Brian Crombie, and housing…

• Municipal Candidates Must Choose, Higher Taxes or More Homeownership ↗ TRREB · Sep 30, 2026

  Over the past few years, governments have taken important steps to improve housing affordability. Ontario and the federal government have worked together to significantly reduce development charges and lower the harmonized sales tax (HST) on new homes. The governments took these…

• MLTT Relief is a Significant Step Forward for Homebuyers in Toronto ↗ TRREB · Sep 29, 2026

  Toronto residents continue to express concern about how municipalities raise revenue, and the Municipal Land Transfer Tax (MLTT) remains a top concern. The Toronto Regional Real Estate Board (TRREB) is calling on municipal candidates to address a significant upfront cost facing…

• TRREB’s Municipal Election Campaign – What We Are Fighting For ↗ TRREB · Sep 28, 2026

  On October 26, voters across Ontario will elect the municipal leaders who will make some of the most important decisions affecting housing affordability and supply in their communities. This is a housing election, and voters want solutions. New Ipsos polling that TRREB…

• This Municipal Election, Clear the Way for More Housing ↗ TRREB · Sep 25, 2026

  The 2026 Municipal Election is a pivotal moment for housing policy. On October 26, voters across Ontario will elect mayors and councillors who have significant influence over how much housing gets built, where it gets built, how quickly projects move forward, and ultimately how…

• TRREB Advocates for Federal Financial Measures to Support Homeownership Housing Supply ↗ TRREB · Sep 23, 2026

  Housing affordability remains one of TRREB’s top advocacy priorities. At the federal level, financing is among the most effective tools for improving housing affordability. Over the past decade, targeted initiatives supporting rental housing, such as the Apartment Construction…

• Bank of Canada maintains the policy rate at 2¼% ↗ Bank of Canada · Sep 2, 2026

  The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

• G7 2026 Cross-Border Coordination Exercise (CBCE) ↗ Bank of Canada · Jul 31, 2026

  The G7 Cyber Expert Group (CEG) successfully concluded its 2026 Cross-border coordination exercise (CBCE) on May 18, 2026. This exercise demonstrates the Group’s ongoing commitment to strengthening cyber resilience across the G7 financial sector.

• Bank of Canada publishes its 2027 schedule for policy interest rate announcements and other major publications ↗ Bank of Canada · Jul 27, 2026

  The Bank of Canada today published its 2027 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.

• Bank of Canada maintains the policy rate at 2¼% ↗ Bank of Canada · Jul 15, 2026

  The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

• Bank of Canada publishes report on monetary policy framework consultations ↗ Bank of Canada · Jun 25, 2026

  The Bank of Canada today published a report summarizing the feedback it received from stakeholders and the Canadian public during consultations on its monetary policy framework.

Headlines link to the original publishers. See also the market reports.