Toronto Casas by Chelo Duenas

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Toronto Casas by Chelo Duenas Chelo Duenas is a professional real estate broker who helps clients to find their new home. Chelo D

Industry Updates: Single-Family Sales Rise, Resale Supply Tightens, Cultural Programming ExpandsIn the Greater Toronto A...
10/11/2026

Industry Updates: Single-Family Sales Rise, Resale Supply Tightens, Cultural Programming Expands
In the Greater Toronto Area, we’re seeing single-family home sales pick up momentum, thanks in part to the expanded HST rebate. On the other hand, condo sales remain a bit sluggish. The resale market is also feeling the squeeze with tighter supply, which may lead to some upward pressure on prices. While housing starts dipped slightly, it’s interesting to note that Toronto is now piloting AI technology for building permits—a move that could signal big changes in how our city grows. As someone who keeps a close eye on these trends, I always aim to help my clients navigate the shifting landscape with confidence.


https://www.roomvu.com/agent-news/chelo-duenas/2078662-Industry-Updates%3A-Single-Family-Sales-Rise%2C-Resale-Supply-Ti

Small-Scale Infill Is (Finally) Showing Up In Toronto's Housing DataWe're starting to see small-scale infill—think acces...
10/09/2026

Small-Scale Infill Is (Finally) Showing Up In Toronto's Housing Data
We're starting to see small-scale infill—think accessory dwelling units and multiplexes—make a real impact in Toronto's housing data. These types of projects now account for about 10% of housing starts across Canada, thanks to recent zoning reforms and a shift away from single-detached homes. As someone who’s closely involved with Toronto’s evolving real estate landscape, I’m always keeping an eye on how these changes open up new opportunities for buyers and sellers alike. If you’ve been curious about what’s shaping our city’s neighborhoods, these infill projects are definitely worth watching.


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

10/08/2026

Toronto - Most Affordable Homes of September 2026
Curious about Toronto’s most affordable homes this September? Here’s a look at the current list of options, all under $375,000—a rare find in the city! From Listing C13534498 at $314,900 up to C13837906 at $374,900, these properties represent some of the best entry points into Toronto real estate this month. As someone who works with buyers every day at Royal Lepage Terrequity Realty, I know just how important it is to spot these opportunities quickly. If you’re tracking the market or considering a move, these listings are worth a closer look.

10/07/2026

Toronto Housing Market Sharply Reverses
We've seen a dramatic shift in the Toronto housing market lately. Inflation-adjusted home prices have dropped around 10% year-over-year, marking the steepest decline among major cities worldwide. The benchmark figure now sits near $931,000, with Toronto’s composite home-price measure down roughly 5% on a seasonally adjusted basis. For those eyeing central condos, improved affordability on paper doesn’t always translate to reality—once you factor in mortgage interest, maintenance, taxes, and a risk premium, ownership remains more expensive than renting. For fellow brokers and buyers, this creates a unique moment: while prices are softer, the window could be brief if demand rebounds before supply can catch up. Looking ahead, Toronto needs to boost annual housing starts by about 50% over the next decade just to regain the affordability levels we saw in 2019. Navigating these changes is all part of helping clients find the right fit in a rapidly evolving market.

10/01/2026

Toronto Ranks 20th Worldwide
Toronto has secured the 20th spot among 1,000 global cities in a 2026 index, thanks to its robust economy and strong human capital that continue to drive demand. Still, the same report points out that housing affordability remains a challenge, pulling down Toronto’s overall Quality of Life score—even as our city shines in broader economic categories. The 2026 housing study found Toronto’s median multiple at nearly 7.5, placing us among the least affordable major markets that year. According to the experts behind the rankings, Torontonians are spending a larger share of their income on housing than residents in almost any other city around the globe. Ongoing supply shortfalls and a slowdown in housing starts projected through 2026 explain why our affordability gap is proving tough to close. As someone who knows this market firsthand at Royal Lepage Terrequity Realty, I see every day how these numbers reflect real choices and challenges for buyers and sellers alike.

09/29/2026

GTA Homes More Affordable as Prices Dip Below $1M
Let’s connect and talk about the latest insights in the industry!

09/29/2026

National Day for Truth and Reconciliation

09/28/2026

Toronto Home Prices Edge Lower
In recent weeks, we've seen Toronto home prices dip just 0.1% month-over-month in mid-Q3—a subtle shift rather than a dramatic market change. Resale activity has also been a bit quieter, down 2.1% compared to the same time last year, showing that while prices are holding steady, buyers and sellers are still moving cautiously. The data paints a picture of a city in gradual adjustment mode, with stability taking priority over big swings. As we look toward the rest of 2026 and into 2027, most forecasts suggest Toronto's market will settle into a more balanced pace, even as different neighborhoods recover at their own speed. As part of the Royal Lepage Terrequity Realty team, I keep a close eye on these trends so I can provide the best guidance for your next move—whether you're listing, buying, or simply watching the market.

09/24/2026

In 10 Toronto Resales Fell Below Purchase Price
Lately, I’ve been hearing from several Toronto homeowners who purchased during the market’s high points, only to find that today’s comparable sales don’t quite match up to what they originally paid. If you’re weighing your options, a good first step is to really consider whether selling is necessary right now. Even if a property sells for less than the purchase price, many owners with solid equity can still make a sale work—completing the loan repayment without financial strain. I’m also seeing a trend toward holding onto homes longer or investing in renovations, especially when factoring in the costs of selling at a loss and facing another land transfer tax. The key takeaway: buyers are looking at current value, not past numbers. Setting a realistic price—and approaching the process with empathy—makes all the difference in today’s market.

09/23/2026

Toronto Home Prices Slip Below $1M
Toronto’s average home price has dipped just below the $1M mark, settling around $993K this period—about 3% lower than last year. For many buyers, this shift means a touch more breathing room on affordability. That said, new listings dropped by about 14% to 12,100, which means there’s less inventory overall and fewer choices for those searching. REALTORS® in Toronto reported just over 5,000 sales—down 2% from last year—so while activity has slowed a bit, the reduced selection might actually tighten competition and keep prices steady. With mortgage rates holding steady and some positive economic signals, there’s a bit of optimism for buyers. However, concerns about trade and the possibility of higher borrowing costs are still on people’s minds. If inventory continues to shrink and prices start climbing, we could see buyers move quickly, and more sellers might decide it’s their time to list. As someone who closely follows the Toronto market, I’m always keeping an eye on these trends to help clients navigate with confidence.

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211 Consumers Road Ste. 105
Toronto, ON
M2J4G8

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