Listing Champion Senthil

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Listing Champion Senthil Award-Winning Broker · RE/MAX Community Realty Helping GTA families buy & sell since 2017 💰 Thinking of selling?

Get your FREE home evaluation 📞 416-471-6061 · [email protected] 🌐 https://senthil-mahalingam.remax.ca/

10/26/2026

Toronto Home Prices Slip Below $1M
Toronto home prices have dipped just under the $1 million mark, with properties averaging around $993,000 this period—a 3% decrease from last year. For many buyers, this shift has offered a welcome step toward greater affordability in our market. However, inventory has become noticeably tighter: new listings dropped by 14% year-over-year to about 12,100, and with fewer homes available, buyers are finding their choices more limited. REALTORS® in the Toronto area reported just over 5,000 sales, a 2% decrease from the same period last year. Reduced selection may spark more competition among buyers, which could, in turn, help stabilize prices. While flat mortgage rates and positive economic signals have played a role in supporting affordability, ongoing trade concerns and the potential for inflation or higher borrowing costs are still on the minds of many households. If inventory continues to shrink and prices begin to rise again, we may see buyers making decisions more quickly, and improved selling conditions could encourage more homeowners to list. As someone who lives and works in Toronto’s dynamic real estate landscape, I’m seeing firsthand how these trends are influencing both buyers and sellers across our communities.

Toronto Housing Market: New Opportunities Amid Recent ShiftsToronto’s real estate market has seen some remarkable shifts...
10/20/2026

Toronto Housing Market: New Opportunities Amid Recent Shifts
Toronto’s real estate market has seen some remarkable shifts recently. Home prices in both Toronto and Vancouver have dropped about 10% after adjusting for inflation—making it the steepest decline among 23 major global cities. While prices are below their previous highs, the cost of owning a home remains significant, and nationally, prices have fallen to their lowest levels since 2023 due to limited housing supply. As someone who specializes in residential houses and condos across Ontario, I’m closely watching these trends to help guide buyers and sellers through this changing landscape.


https://www.roomvu.com/agent-news/senthil/2113958-Toronto-Housing-Market%3A-New-Opportunities-Amid-Recent-Shifts

10/19/2026

Toronto Home Prices Edge Lower
In Toronto’s real estate market, we saw home prices edge down by just 0.1% month-over-month in Mid-Q3—a subtle change that signals more of a pause than any dramatic shift. Resale activity was also softer, with sales 2.1% lower than the same period last year, reflecting a market that’s adjusting at its own pace. Mid-Q3 data paints a picture of stability: prices held steady and sales remained below last year’s levels, suggesting a gradual adjustment rather than a sharp correction. This recent cooling trend aligns with the broader outlook for Toronto, where we’re expecting stabilization to continue through the remainder of 2026 and into 2027, even as recovery remains uneven across the region. As someone who specializes in Toronto residential homes and condos, I’m closely watching these trends to help clients make confident, informed decisions—especially in times of transition.

Small-Scale Infill Is (Finally) Showing Up In Toronto's Housing DataIt’s encouraging to see that small-scale infill is f...
10/13/2026

Small-Scale Infill Is (Finally) Showing Up In Toronto's Housing Data
It’s encouraging to see that small-scale infill is finally making a noticeable impact in Toronto’s housing numbers. Projects like accessory dwelling units and multiplexes are now accounting for about 10% of all new housing starts across Canada. This shift is largely thanks to recent zoning changes—especially meaningful here in Ontario—and is helping to balance out the slow-down in single-detached home construction. As someone who focuses on residential real estate in Toronto, I’m seeing how these emerging options can offer greater flexibility and choice for buyers and homeowners alike.


https://www.roomvu.com/agent-news/senthil/2099980-Small-Scale-Infill-Is-%28Finally%29-Showing-Up-In-Toronto%27s-Hous

10/12/2026

Toronto Ranks 20th Worldwide
Toronto continues to hold its own on the world stage, ranking 20th out of 1,000 global cities in a recent 2026 index. While our city shines thanks to strong economic fundamentals and a talented population, the same index highlights a challenge that many of my clients know all too well: housing affordability. Toronto’s median multiple reached about 7.5 in a 2026 housing study, placing us among the least affordable major markets. The expert analysis noted that Torontonians are spending a higher portion of their income on housing than almost anywhere else globally. The ongoing shortage of new housing—reflected in a slowdown in housing starts through 2026—remains a key reason why affordability improvements have yet to materialize. As someone who works closely with buyers and sellers across Ontario, I see firsthand how these factors impact individuals and families navigating our dynamic market.

10/11/2026

Happy Thanksgiving

10/06/2026

Toronto launches building permit application pre-check to speed up reviews
Exciting news for Toronto homeowners and those considering a residential project: the city has launched an AI-powered pre-check tool for small residential building permit applications. This new pilot program, running for one year, provides instant feedback on missing details and highlights zoning or code issues upfront—making the process more efficient and helping to reduce those frustrating resubmissions. As someone who works closely with buyers and sellers of homes and condos across Ontario, I see firsthand how streamlining permits can save time and simplify your journey, whether you’re upgrading or building new.

10/05/2026

In 10 Toronto Resales Fell Below Purchase Price
Lately, I’ve been working with several Toronto homeowners who are realizing that current resale prices may not match what they paid at the market’s peak. If you’re thinking about selling, it’s important to first consider whether a move is truly necessary—this clarity can help set the right expectations for your next steps. Selling below your purchase price doesn’t always spell trouble, especially if you have built up equity; many sellers are still able to pay off their mortgage and move forward. I’m also seeing a number of freehold owners opting to renovate and stay put rather than take a loss or face another round of land transfer tax. The reality is, buyers today are looking at today’s values—not what an owner paid in the past—so a realistic approach and understanding the current landscape are essential. As someone who specializes in Toronto homes and condos, I’m here to help you navigate these decisions with both market knowledge and empathy.

09/29/2026

National Day for Truth and Reconciliation

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282 Consumers Road Unit 10
Toronto, ON
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