Category: Featured

GTA, summer boom in home sales: 6,100 in July with prices falling

TORONTO — The Toronto real estate market is booming again after a long time: home sales in the GTA increased 10.9% in July compared to the previous year, with 6,100 properties transferred, the highest number of transactions recorded in the same month since 2021. The Toronto Regional Real Estate Board (TRREB) stated that sales also increased 13% compared to June on a seasonally adjusted monthly basis, as increased affordability, driven by lower prices and financing costs, is starting to translate into increased home sales. 

Air quality is improving in Toronto, but the emergency is not over

TORONTO – The air quality alert for the Greater Toronto Area has been lifted after being in effect over the long weekend. As can be seen from the real-time data on Environment Canada’s website (here), the situation — while we write, at 1.30 pm of August 5, 2025 — has improved somewhat, and the AQHI (Air Quality Health Index) has risen in the last few hours from 6 (moderate risk) to 5, 4, and then 3 (low risk) at 11 a.m. this morning. 

Toronto and Montreal, air quality among the worst in the world

TORONTO – Toronto’s air quality continues to hold a grim record: it is among the worst in the world, according to the Swiss air quality monitoring institute IQAir, which conducts real-time air quality monitoring and can be consulted here. At 8:50 a.m. this morning, Toronto was the second most polluted city in the world; by midday, the city had dropped, but remained in the top 10 most polluted cities, tied with Montreal. At that time, Canada was the only country in the world with two cities in the top ten for worst air quality and it still is while we are writing this article, at 1.30 pm of August 4, 2025.