Ali Abbas - Real estate Broker

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10/12/2026

Canada Needs Twice the Projected Homes
The latest projections from Canada’s national housing agency highlight a challenge I see firsthand every day: restoring pre-pandemic affordability will require between 417,000 and 469,000 new homes built annually through 2036—more than double what’s currently on the horizon. Even with ongoing efforts, there’s still a significant annual gap of 187,000 to 238,000 homes over the next decade. Construction is expected to lag even further behind demand, making the current slowdown a serious risk to affordability targets.

With most of today’s development tied up in projects already started, the numbers make it clear: to truly move the needle on affordability, we need to dramatically increase the pace of building across the country. My experience in both residential and commercial real estate has shown me how these supply gaps translate directly to the challenges buyers and sellers face every day. My focus remains on equipping clients with the reliable information and perspective they need to make confident, informed decisions—especially as the market navigates these ongoing supply and affordability pressures.

10/12/2026

Stunning Turn Key Family Home in a Prime Neighbourhood. Welcome to 214 Merrilee Crescent, a beautifully maintained and thoughtfully upgraded family home offering modern finishes, exceptional functionality, and an impressive amount of living space across multiple levels. With 2 New Kitchens and upgraded backyard space, This property delivers the perfect blend of style, comfort, and convenience — ideal for growing families, multi generational living, or anyone seeking a move in ready home in one of Hamilton’s most desirable communities.

10/11/2026

Happy Thanksgiving

Canada Set to Build 231,000 Homes Annually Toward Housing GoalWith nearly two decades of customer service and years of e...
10/11/2026

Canada Set to Build 231,000 Homes Annually Toward Housing Goal
With nearly two decades of customer service and years of expertise in both residential and commercial real estate, I’ve seen firsthand how the right information shapes smart decisions. According to CMHC, Canada needs to build between 417,000 and 469,000 homes each year by 2036 to restore affordability, but we’re currently on track for just 231,000 annually. That’s a projected shortfall of 2.4 million homes over the next ten years—a challenge that affects every buyer, seller, and investor navigating today’s market of high costs and slower condo sales. Staying ahead in this environment means understanding not only the numbers but the underlying economic shifts. My commitment is always to equip you with reliable insights so you can make informed decisions that serve your long-term goals.


https://www.housing-trends.com/agent-news/ali-abbas-your-real-estate-agent/2064419-Canada-Set-to-Build-231%2C000-Homes-Annually-Toward-Housing-Go

Ontario HST rebate shields new home salesWith my years navigating both residential and commercial real estate, I know ho...
10/10/2026

Ontario HST rebate shields new home sales
With my years navigating both residential and commercial real estate, I know how tax incentives can shape the market. The recent Ontario HST rebate has played a significant role in supporting new home sales—evident in the GTA, where single-family home sales reached 692 units, a remarkable 47% above the 10-year average. Total new home sales hit 907, even as the benchmark price dropped 14.6% year-over-year. On the other hand, condo sales saw a drop, coming in 78% below average, largely due to limits on available tax incentives. Reliable, up-to-date information is crucial in moments like these, and I’m committed to making sure my clients understand how policy shifts impact their options and long-term outcomes.


https://www.housing-trends.com/agent-news/ali-abbas-your-real-estate-agent/2099956-Ontario-HST-rebate-shields-new-home-sales

Home affordability improves in most Canadian marketsAugust brought some notable shifts in home affordability across Cana...
10/09/2026

Home affordability improves in most Canadian markets
August brought some notable shifts in home affordability across Canada, with prices dropping in most major cities—10 out of 13 markets saw an improvement. Toronto led with the most significant affordability gains, while Halifax, Ottawa, and Fredericton experienced a different trend. At the same time, fixed mortgage rates reached 4.24%. My years navigating both residential and commercial real estate have shown me how quickly conditions can change, and how important it is to stay informed on these shifts. With nearly two decades in customer service and strong connections throughout the market, I make it a priority to equip my clients with up-to-date, unbiased insights—so you can make well-informed decisions, whatever the market brings.


https://www.housing-trends.com/agent-news/ali-abbas-your-real-estate-agent/2073678-Home-affordability-improves-in-most-Canadian-markets

10/08/2026

Canada Needs More Homes to Sustain Affordability
After years in the real estate industry, I've seen how the balance between supply and demand shapes the affordability landscape for Canadian families and investors alike. Right now, we're at a turning point: recent gains in housing affordability are fragile as new home construction, particularly for ownership properties, is slowing down. Recent estimates indicate that for Canada to bring affordability back to pre-pandemic levels by 2036, we need between 417,000 and 469,000 new housing starts annually. Yet, the gap between what’s needed and what’s being built remains largely unchanged.

It’s clear in our major cities—most new builds cater to rentals, while the pace of ownership-oriented construction has dropped off. Even though rental supply is helping balance some of the pressure, ownership opportunities are becoming less accessible. Slower population growth has brought some temporary relief, but because construction has decelerated even faster than demand, the risk is that when demand picks up again, supply will fall short.

Drawing on my experience across residential and commercial real estate, I see the importance of reliable information in making confident decisions. To truly protect affordability for the long term, we need to keep ownership construction moving forward. That’s how we ensure clients and communities aren’t left facing deeper shortages when the market strengthens. My goal remains to empower you with the insight and knowledge you need to navigate these shifts and make informed choices for your future.

10/07/2026

Millwork and carpentry Business, 6000 sq ft + 1100 sq ft of Mezzanine, fully equipped with top line of machinery and well fixtured, Ready for its next owner to take over. Great effort and capital spent into the lease hold improvement, very well maintained machinery, very good size front office and retail area. 2 drive in garage doors. Prime location, directly adjacent to Bronte GO Station. Well managed complex with fiber internet, ample surface parking and close access to the QEW. Very Large Unobstructed Shipping Area.

10/07/2026

Ontario Condo Closings Face Value Gap
In my years of guiding clients through Ontario's real estate market, I've seen how unpredictable the journey from pre-sale to closing can be—especially with new condo purchases. Recently, some condo buyers have found themselves in a tough spot, owing up to 30% more than the current market value at closing. This happens when the unit’s appraised value drops below the original contract price, and banks won’t lend on the higher figure, creating a funding gap that can threaten the entire deal.

Long waits between signing and closing—due to pre-sales, municipal approvals, permit delays, and labor shortages—can make buyers vulnerable to market shifts. In the heated seller’s market not so long ago, developers sometimes canceled contracts when their own costs spiked, which brought increased attention from provincial regulators and calls for reforms.

The fine print in these contracts can be daunting: aside from a 10-day cooling-off period or the rare case of missing the outside occupancy date, most buyers have limited options to exit. My approach is always to ensure you have the clearest possible picture before you sign, so you’re prepared for every possibility. Reliable information and a strong network are more crucial than ever—let’s make informed decisions together, so you’re ready for any market turn.

10/06/2026

Ontario Builders Prepare for Growth with New Investments
As someone who’s navigated the Ontario real estate landscape for nearly a decade, I keep a close eye on the forces shaping our housing market. Right now, ongoing tariff disputes between Canada and the U.S. are making waves—driving up the cost of building a single home by $9,000–$14,000, and mid-rise units by $18,000–$28,000. These increases ripple through the entire sector, affecting not just materials and labor, but also housing supply and affordability across North America. My approach has always been to provide clients with clear, up-to-date insights like these, so you can make informed decisions—even when the market throws curveballs. Having closed both residential and commercial deals, and with a long-standing background in customer service, I believe that understanding these economic shifts is essential for anyone looking to buy, sell, or invest.

Address

Hamilton, ON

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 9am - 8pm

Telephone

+19059204202

Website

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