Dexter Romano - Real Estate

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Dexter Romano - Real Estate Offers representation for both buyers and sellers alike in the real estate industry. Don't know where to start? Let's talk!

10/21/2026

Toronto Buyers Are Combining Condo Units
There’s an interesting trend emerging in Toronto’s condo presale market: buyers are combining units to create larger, more livable homes. Projects near Yorkville and the Annex, for example, have already sold about 40% of their suites, with many purchasers blending smaller units into custom homes averaging around $3M. Meanwhile, a development in north Toronto responded to demand by reducing its planned unit count to about 500, resulting in more spacious two- and three-bedroom layouts. Both projects are clearly appealing to downsizers and those seeking a higher standard of comfort, even if it means a slower pace of sales compared to the city’s previous condo boom. One development is even moving forward with its own capital, while another aims to start construction in 2027 after hitting key financing milestones. As someone who’s always watching for new opportunities in the Greater Toronto market, I find these shifts toward end-user needs and flexible design especially worth noting for anyone considering their next move.

10/14/2026

Toronto Housing Market Sharply Reverses
Toronto’s housing market has seen a notable shift recently, with inflation-adjusted home prices sliding about 10% year-over-year—marking the sharpest correction among cities globally. Benchmark prices have also dipped, with the composite home-price now down approximately 5% from last year on a seasonally adjusted basis, hovering around $931,000. While central condo affordability has improved when looking at income alone, factoring in mortgage interest, maintenance, taxes, and risk premium still keeps ownership costs well above those of renting. For those navigating the market, this creates a narrow window—softer prices could quickly tighten again if demand bounces back before supply catches up. What’s clear is that Toronto needs to boost annual housing starts by at least 50% over the next decade just to regain 2019 levels of affordability. As someone who serves Scarborough and understands the pulse of our local market, I’m always tracking these shifts to help my clients make well-informed decisions.

Canadian Housing Affordability Remains Stable in Many RegionsWe’ve seen a modest boost in housing affordability across C...
10/13/2026

Canadian Housing Affordability Remains Stable in Many Regions
We’ve seen a modest boost in housing affordability across Canada in Q2, thanks to rising incomes and stable home prices. While markets like Vancouver and Toronto experienced some positive movement, a few Prairie and Atlantic regions faced a different trend with affordability slipping. Looking ahead, there’s a possibility that rising interest rates could impact costs again by 2027. Navigating these shifts in the housing market is part of what I focus on for clients here in Scarborough. Each area tells its own story, and understanding these local changes is key to finding the right opportunity.


https://www.roomvu.com/agent-news/dexter-romano/2111755-Canadian-Housing-Affordability-Remains-Stable-in-Many-Region

10/12/2026

Toronto Condo Supply Faces Tariff Exposure
Toronto’s condo market has been hit by a unique combination of challenges lately—declining new construction and rising material costs have left future supply more vulnerable than ever. According to a recent federal construction index, fabricated metal prices went up 2.1% this quarter, while structural steel climbed 1.8%. For a city like Toronto, where so many developments depend on steel and rebar, this means added cost pressure and increased risk if prices spike again. With fewer new condos breaking ground, there’s less cushioning against these supply-side shocks. As someone who’s always watching the local market closely, I see just how these factors make current and future condo inventory especially sensitive to changing construction costs.

10/11/2026

Industry Updates: Single-Family Sales Rise, Resale Supply Tightens, Cultural Programming Expands
In the Greater Toronto Area, single-family home sales have seen a lift, thanks in part to the expanded HST rebate—while condo sales remain sluggish. Resale inventory has tightened, a factor that could put upward pressure on prices. Meanwhile, housing starts dipped slightly, and the City of Toronto is piloting AI technology to streamline building permits. As someone rooted in Scarborough real estate, I keep a close eye on these shifts to help clients navigate a dynamic market.

10/09/2026

Home affordability finds its footing, but rising rates could change that
Recently, the average five-year fixed mortgage rate in Canada climbed to 4.55% in August. Interestingly, this increase has had only a minimal effect on monthly payments so far. The real story behind improved home affordability? A noticeable drop in home prices—especially in cities like Toronto, Vancouver, and Montréal. As someone who helps clients navigate the Scarborough real estate market, I’m always watching these trends closely. It’s a reminder of how dynamic affordability can be, and why understanding both rates and price movements is key to making confident decisions.

10/08/2026

Toronto Affordability Gains Are Tapering
Affordability in Toronto’s real estate market saw modest progress in Q2, with the aggregate affordability measure easing by about 1 point to 64% across all housing types. While that’s a welcome shift for many in our community, Toronto still remains one of the least affordable markets being tracked. Most of this recent improvement came from income growth, not from significant drops in home prices—which are just beginning to show signs of stabilizing. The most notable relief was in the condo segment, now at its most attainable level since 2017, and offering buyers a more accessible way to step into Toronto’s property market. Still, even with these changes, Toronto’s affordability burden is the second highest among comparable cities, just 1 point away from a possible ranking change. Since Q1 2024, this is Toronto’s smallest quarterly gain, though our city continues to outpace most other markets in recovery. As someone focused on helping buyers and sellers navigate these shifts in Scarborough and the Greater Toronto Area, I keep a close eye on these trends to help clients make informed real estate decisions.

10/07/2026

Toronto - Most Affordable Homes of September 2026
If you’re looking to get your foot in the door in Toronto’s housing market, here’s a quick look at the city’s most affordable home options for September 2026. Each listing below is sorted by price, starting at $314,900 and extending up to $374,900—a rare opportunity for buyers seeking value in this competitive market.

1. Listing C13534498 — $314,900
2. Listing C13842776 — $324,900
3. Listing C13823670 — $325,000
4. Listing C13593954 — $345,000
5. Listing C13789328 — $349,000
6. Listing C13842368 — $349,800
7. Listing 40857772 — $349,900
8. Listing C13817308 — $349,900
9. Listing C13735648 — $350,000
10. Listing C13790770 — $350,000
11. Listing C13822922 — $359,900
12. Listing C13736992 — $369,000
13. Listing C13804940 — $369,000
14. Listing C13839232 — $370,000
15. Listing C13837906 — $374,900

As someone who works with buyers across Scarborough and the GTA, I know how important it is to spot the best value when it appears. These opportunities don’t come around often, so it’s worth keeping a close eye on them if affordability is your top priority.

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22 Slan Avenue
Toronto, ON
M1G3B2

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