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Maurice Hyde Real Estate Team The Maurice Hyde Team has 34+ Years of full time Real Estate expertise to serve you.

Toronto Housing Market: New Opportunities Amid Recent ShiftsAs someone who has spent over 37 years navigating Toronto’s ...
10/18/2026

Toronto Housing Market: New Opportunities Amid Recent Shifts
As someone who has spent over 37 years navigating Toronto’s real estate landscape, I’ve seen the city’s market ebb and flow, but the recent shift stands out. Toronto and Vancouver both experienced inflation-adjusted home price drops of about 10%—the largest decline among 23 major global cities. While prices remain below previous peaks, the cost to own a home is still steep, and national prices have dipped to their lowest since 2023. Even with low housing supply, the pressure on affordability continues. Drawing on my decades of experience and ongoing specialized training with the Toronto Regional Real Estate Board, I know how quickly market dynamics can change—and how important it is to stay informed.


https://www.housing-trends.com/agent-news/maurice-hyde/2113958-Toronto-Housing-Market%3A-New-Opportunities-Amid-Recent-Shifts

Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growthWith over 37 years na...
10/17/2026

Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth
With over 37 years navigating Toronto’s real estate landscape, I’ve seen firsthand how regulatory hurdles can slow the delivery of much-needed homes. The Toronto Board of Trade is now urging Ontario to update its zoning and building codes—a move that could be pivotal. Without these changes, Ontario risks falling short of its 1.5 million new homes target by more than 550,000 by 2031. Streamlining zoning and modernizing building codes won’t just reduce costs and delays—it’s a direct path to improved housing affordability. Staying informed on these developments is essential for anyone considering a move or investment in our region.


https://www.housing-trends.com/agent-news/maurice-hyde/2123256-Toronto-board-of-trade-urges-Ontario-to-amend-zoning-and-bui

Vancouver and Toronto Offer New Opportunities for HomebuyersAfter more than 37 years navigating Toronto's real estate la...
10/16/2026

Vancouver and Toronto Offer New Opportunities for Homebuyers
After more than 37 years navigating Toronto's real estate landscape, I've witnessed the city's evolution firsthand. This past year stands out: Toronto's housing market saw an 11% drop—the steepest among 23 major cities—with prices now nearly 30% below their peak. Factors like higher interest rates, the foreign-buyer ban, and increased inventory have all played a part. Vancouver, too, experienced a 10% dip in the last year and is down 20% since 2022, with further softening expected. In times like these, understanding the nuances behind the numbers becomes even more important for anyone considering their next move.


https://www.housing-trends.com/agent-news/maurice-hyde/2119663-Vancouver-and-Toronto-Offer-New-Opportunities-for-Homebuyers

10/15/2026

GTA Homebuyer Competition Weakens Further
Buyer competition in the GTA has continued to ease in Mid-Q3, with only 2% of qualifying neighbourhoods seeing homes sell above asking—down from 3% in Early-Q3. Out of 267 GTA neighbourhoods that met the criteria, 97% saw underbidding and just 1% sold at asking price, making bidding wars a rare event lately. The gap between single-family homes and condos is narrowing too: 95% of single-family neighbourhoods and 98% of condo areas experienced underbidding. According to a leading economist, Mid-Q3 has been one of the quietest periods for GTA real estate in recent memory, which has translated into less competition for buyers. Of the 4,200 homes sold in this period, 79% changed hands below asking price—compared to 78% earlier in the quarter—as even single-family homes began to reflect the softer demand. After 37 years helping clients navigate every kind of market, I know how quickly the landscape can shift. Staying informed is key, especially as opportunities emerge in quieter times.

10/14/2026

Toronto Buyers Are Combining Condo Units
As someone who’s spent over 37 years helping clients navigate Toronto’s evolving real estate landscape, I’ve seen trends come and go—but some shifts stand out. Right now, we’re seeing a fascinating movement in the presale condo market: buyers are combining smaller units to create truly livable homes. For example, a boutique project near Yorkville and the Annex is about 40% sold, with many purchasers merging suites into spaces averaging around $3 million before customization. In north Toronto, another development is about 35% sold, having reduced its total units to roughly 500 to allow for larger layouts, including generous two- and even some three-bedroom homes.

Both projects are appealing to downsizers and those prioritizing luxury or comfort, even if it means a longer sales cycle than we saw in previous booms. Developers are taking creative approaches—one is moving ahead with its own capital despite modest early sales, while another is planning to break ground in 2027 once financing targets are met. These strategies reflect a deeper understanding of today’s buyer priorities, and it’s a shift that I’m watching closely as part of my commitment to staying informed for my clients.

10/13/2026

Greater Toronto Buyers Find Value as Home Prices Adjust
After 37 years guiding clients through Toronto’s ever-shifting market, I’ve seen how each season brings its own story. This August, nearly 80% of GTA home sales closed below the asking price—specifically, 79.3%, with a typical discount around 3%. The average sale price landed at $855,000, reflecting a 1.16% dip from July and a 4.79% drop compared to last year. What stands out to me is that negotiation outcomes aren’t uniform—they depend on the property type and the neighbourhood. Decades of experience—and specialized training with the Toronto Regional Real Estate Board—have taught me that even in a market where most homes sell below list, strategy and local insight matter more than ever.

10/12/2026

Toronto Condo Closings Reveal Deeper Debt
Appraisal gaps are becoming a bigger reality as Toronto’s condo market shifts, and many buyers who signed pre-construction deals are now facing shortfalls when it comes time to close. After more than 37 years in Toronto real estate, I’ve seen how these moments challenge even the most prepared households. While focused on making mortgage payments, it’s easy to lose track of rising credit card balances, lines of credit, or even rental shortfalls that quietly build up behind the scenes. One recent example: a client needed a $350,000 interest-only second mortgage at nearly 10%, with upfront costs around $44,500—meaning the first year’s burden approached 26% of their net cash. The real question isn’t just about closing on a single condo—it’s about whether the entire financial picture truly works for the long run. Reviewing your full household balance sheet, not just the mortgage, is key. In this fast-changing market, a steady, well-informed plan makes all the difference.

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2911 Kennedy Road
Toronto, ON
M1V1S8

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