realestate

Toronto Housing Market Sees Possible Shift: Buyers and Sellers Weigh In

Toronto's housing market sees busiest July in four years, but what does it mean for those left behind?

T
oronto's housing market is showing signs of shifting again, with GTA home sales rising 10.99% compared to last year, marking the strongest July performance in four years. The Toronto Regional Real Estate Board credits this surge to a combination of factors.

    Air Canada flight attendants have voted in favor of strike action, which could impact travel plans for Canadians and international travelers alike. Over 40 wildfires broke out across Alberta over the long weekend, with multiple fires still burning out of control.

    In Newfoundland, multiple wildfires continue to rage, forcing evacuations and disrupting daily life. A TikTok video showing a nine-year-old being bullied has sparked back-to-school dread on P.E.I., while a Michigan lawmaker is calling on Canada to take action on wildfire smoke.

    The Manitoba Métis Federation has turned down an invitation from the Canadian government to discuss major projects, citing concerns over lack of representation and consultation. Muscowpetung First Nation has signed a $98.9M settlement, marking a significant step towards reconciliation.

    A Guelph Police investigation is underway after a report of a man approaching a child at school. Nine people are in hospital with salmonella after consuming pistachios and pistachio-containing products. A Saskatoon dance group has wowed crowds in Italy by sharing their Ukrainian culture.

    Rain has brought some relief from the fire threat in Waskesiu, but Ontario police are investigating North Bay mayor over allegations of misconduct. In Thunder Bay, a suspect is accused of impaired driving after losing a race with a train.

Toronto housing market shift: buyers and sellers discuss market changes in Canada.