Louise Dodd & Jason Dodd, Toronto Real Estate Sales Representatives

06/05/2026

Full GTA real estate market update.

https://louisedodd.com/pages/monthlyUpdate.html

06/04/2026

Latest market update, $1.5 million+ GTA real estate sales.

Statistical monthly information about the $1.5 million plus G.T.A. real estate market.

05/13/2026

Canadian company buys up $30M worth of unsold condos in downtown Toronto -- it says it’s just getting started

A Canadian real estate company is eyeing Toronto’s soft condo market as it looks to buy $500-million worth of unsold units, starting with a $30-million “bulk” purchase steps from Toronto Metropolitan University.

Jesta Group, based in Montreal, announced Tuesday its acquisition of the condos in the downtown core as the first part of a 12-month strategy that will target more than 1,000 properties in the city.

The number of condos included in the purchase and their addresses were not disclosed.

In a news release, the company said that Toronto’s current market environment has created a “unique window to deploy capital at scale.”

“We are aggressively pursuing opportunities that fit this investment ethos and encourage developers with qualifying inventory to reach out directly,” Jesta Group’s senior managing director, Anthony O’Brien, said in a statement.

The firm said it is “actively pursuing” additional bulk acquisitions across “high-quality” downtown Toronto locations. Their plans for the properties were not made clear in the news release.

The announcement comes at a time when condo sales in Toronto are plunging.

An analysis of Toronto’s real estate market by Urbanation last month found that sales declined to a 35-year low in the first quarter of 2026. At the same time, there were zero new condo projects launched in the GTHA for the first time in decades.

According to Urbanation, a record-high 4,295 new condos were completed and unsold as of Q1, which is more than double the unsold inventory that was on the market last year. That number is five times higher than it was in 2024, they said.

Jesta went on to say that its buying strategy marks “one of the largest single-firm” bulk residential acquisition the Toronto market has ever seen.

With files from Jermaine Wilson

Phil Tsekouras

Journalist, CTVNewsToronto.ca

05/07/2026

GTA May (April Sales) Market Update - https://mailchi.mp/5e36fd9635f7/gta-may-april-sales-market-update

05/06/2026

April Statistics for GTA Sales Above $1.5 Million. - https://mailchi.mp/72ed4b24c224/april-statistics-for-gta-sales-above-15-million

04/29/2026

Via BNN.

OTTAWA — The Bank of Canada is holding its key policy interest rate at 2.25 per cent for the fourth consecutive time as it warns of higher inflation for the short term.

In its first monetary policy report (MPR) since January, the central bank projects inflation will peak around three per cent in April, before declining to its two per cent target early next year.

That drop in inflation is based off an assumption that U.S. tariffs will remain at the current rate and that oil prices will drop from US$90 in the second quarter of 2026 to US$75 a barrel by mid-2027. That’s a 15-dollar-per-barrel increase since the bank’s previous MPR.

Latest economic news on BNNBloomberg.ca
“After more than a year with inflation close to the two per cent target, higher global energy prices are pushing inflation up,” Bank of Canada Governor Tiff Macklem said in his opening remarks. “The surge in gasoline prices combined with still-elevated food price inflation is squeezing more Canadians.”

A deeper dive into the various components of the consumer price index (CPI), which measures inflation, shows that rent and food prices remain higher than average, while other components have dropped back to their historical norms.

‘Little evidence’ oil driving overall costs: Macklem
For now, the bank says there is “little evidence” to show that oil prices are affecting the costs of goods and services more broadly. However, the country’s top central bankers acknowledge that their projections are heavily dependent on the outcome of trade negotiations with the United States and on the war in Iran.

“Governing council agreed to look through the war’s immediate impact on inflation but if energy prices stay high, we will not let their effects become persistent inflation,” Macklem said.

Compared its January report, the bank says its growth forecast has remained relatively unchanged. While consumer and government spending are pushing growth up, U.S. tariffs and trade uncertainty are weighing on exports and business investment pushing it down.

The bank believes GDP will grow at 1.2 per cent in 2026, rising to 1.6 per cent in 2027 and 1.7 per cent in 2028.

Mideast war to affect energy exports
“The conflict in the Middle East will affect the composition of growth, but the impact on overall growth is expected to be small because higher oil prices increase the value of our energy exports even as they squeeze consumers and many businesses.”

The Bank of Canada will make its next interest rate decision on June 10.

If oil prices come down as expected and U.S. tariffs remain unchanged, the governor suggested the bank’s current policy rate could hold. Though he did not rule out adjustments.

“If this holds true, a policy rate close to current settings looks appropriate to support adjustment in the economy and return inflation to target,” Macklem said, adding there may still need to be changes depending on how the risks evolve. “But if the economy evolves more broadly in line with the base case, changes in the policy rate can be expected to be small.”

The impact of the measures included in Tuesday’s federal economic update were not taken into consideration in the bank’s latest monetary policy report.

Annie Bergeron-Oliver

Senior Correspondent, CTV National News

04/10/2026

GTA Market Update - https://mailchi.mp/16f0d1cc1441/gta-market-update-13881775

04/07/2026

https://mailchi.mp/179e501b3249/15-million-gta-march-market-update

03/20/2026

27 Paramount Court .... SOLD

27 PARAMOUNT COURT, Toronto (Brookhaven-Amesbury), Ontario M6M2L3

03/12/2026

GTA Market Update - https://mailchi.mp/f50e48986e42/gta-market-update