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!

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.

10/01/2026

Toronto Ranks 20th Worldwide
Toronto has once again secured its place among the world's top 25 cities, ranking 20th out of 1,000 in a 2026 global index. This recognition highlights our city's strong economy and impressive human capital—qualities I see reflected every day in Scarborough and across the GTA. Yet, the same index points out a challenge we know too well: housing affordability. With Toronto's median multiple now close to 7.5, our city is ranked among the least affordable major markets surveyed in 2026. It's notable that Torontonians spend a greater share of their income on housing than almost anywhere else in the world. Persistent supply issues and a slowdown in housing starts are key factors behind this affordability gap, which continues to impact local families and newcomers alike. As someone who works alongside clients navigating these realities, I’m always focused on helping you make informed decisions in a complex market.

09/29/2026

National Day for Truth and Reconciliation

09/29/2026

Unique Home Type Offers Affordable Opportunities in GTA
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22 Slan Avenue
Toronto, ON
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