Author: SHaN Khurrum

Mississauga — Most Affordable homes for September 2026.

Listings (sorted by price):
1. Listing 40856192 — $269,900
2. Listing W13683450 — $269,900
3. Listing W13844596 — $299,000
4. Listing W13794970 — $299,999
5. Listing W13829706 — $329,000
6. Listing W13834832 — $338,800
7. Listing W13465882 — $339,900
8. Listing W13580942 — $339,900
9. Listing W13722436 — $345,000
10. Listing 40863646 — $349,900
11. Listing W13771088 — $349,900
12. Listing W13795214 — $349,900
13. Listing W13829544 — $349,900
14. Listing W13662410 — $350,000
15. Listing W13843346 — $350,000

Industry advocates argued Ontario's temporary HST relief showed tax reductions can support affordability, sales activity, and confidence, and said permanent relief would better spur construction.
Builders were described as navigating higher material and labour costs, slow approvals, restrictive rules, and uncertainty, with taxes, fees, and levies a major burden.
The temporary program also faced rollout delays, as builders, developers, and buyers waited for rules and applications, limiting effectiveness while housing activity remained stalled.
Highrise condo projects were portrayed as especially vulnerable, because long development and construction timelines made short-term tax policy less effective for moving projects ahead.
The proposed long-term path for Ontario was permanent HST relief, ideally removing the tax on new homes, to help pursue 1.5M homes by 2031.

Canada’s affordability index saw only a slight uptick in Q2, with a less than 1-point improvement to around 53%—the slowest quarterly progress we’ve seen in almost a year. This small step forward came thanks to income gains, while home prices and borrowing costs held relatively steady across the country, keeping broader affordability in check.

As someone who’s guided buyers and sellers through all kinds of Toronto market cycles, I keep a close watch on these shifts. The economics team points out that this slow recovery could face even more headwinds soon: steady prices and rates aren’t guaranteed, especially with the possibility of higher bond yields and central bank rate hikes on the horizon (potentially by 2027). Even as wage increases and a one-time federal benefit helped households late in Q2, some markets still experienced their first affordability setback in several quarters.

Rising utility costs and potential hikes in ownership expenses mean planning ahead is more important than ever. If you’re thinking about your next move—whether that’s buying, selling, or investing—it helps to have an honest, experienced guide by your side as the landscape evolves.

The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!

Buyer competition in the GTA continues to cool. In Mid-Q3, only 2% of qualifying GTA neighbourhoods saw homes sell over asking, down from 3% earlier in the quarter. That means bidding wars are now the exception, not the rule. Out of 267 neighbourhoods, 97% of homes were sold below asking and just 1% landed right at list price. Even the gap between condos and single-family homes is shrinking: 95% of neighbourhoods with enough single-family sales were underbid, compared to 98% for condos. An economist recently called this one of the quietest stretches for GTA real estate—an insight that rings true for anyone who’s been watching the market closely. Of the 4,200 homes sold in Mid-Q3, 79% went for less than asking, a slight uptick from 78% earlier. My experience tells me these quieter periods can open up real opportunities for buyers who value thoughtful, honest guidance in their next step—whether that’s a first purchase, a strategic investment, or making a change that feels right for their family.

Navigating the GTA real estate market means keeping a close eye on shifting trends—and right now, micro-condos are feeling the squeeze. As of mid-Q3 2026, the average GTA home sold for $993K, down about 3% from last year, signaling a more balanced market for buyers. Condo apartments averaged $618K, also trailing behind last year’s numbers, but it’s the smallest units—those micro-condos under 500 sq-ft—that have seen the steepest declines in value. These compact spaces are proving harder to sell, especially as buyers gain access to larger options at more appealing prices.

In early Q3, about 98% of GTA condo sales with at least five transactions closed below list price, giving buyers more negotiating power than usual. Even single-family homes saw underbidding in roughly 92% of neighbourhoods, but condos have been especially sensitive to changes in investor demand, with more investor-targeted units lingering on the market.

Having spent over 15 years guiding clients through these ups and downs, I know how important it is to have honest, informed advice—whether you’re considering a micro-condo, looking to upsize, or weighing the right investment fit for your needs. The key is understanding what’s truly right for you, especially as the landscape shifts.