Author: Joseph Bitton,B.A,LL.B.,Broker

Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day.
In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints.
Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known as All Hallows Eve, and later Halloween.
Over time, Halloween evolved into a day of activities like trick-or-treating, carving jack-o-lanterns, festive gatherings, donning costumes and eating treats.
Today’s the day to eat candies and sweets to your heart’s content! Happy Halloween!

A global wealth manager ranked Toronto among the weakest major housing markets, with home prices ↓~11% yearly, the steepest annual drop across 23 tracked cities.
The firm said Toronto led from 2014 to 2022, with real home prices doubling during rapid population growth, strong investor demand and robust construction.
Since 2022, higher interest rates, a foreign-buyer ban and added supply had driven a sharp correction, leaving Toronto prices nearly ↓30% from peak.
Toronto landed in the report's moderate bubble-risk category because the correction had already narrowed the gap between home prices and what residents could afford.
The outlook then pointed to continued near-term price pressure in Toronto as inventory rose, growth slowed and possible rate hikes kept buyers cautious.

Toronto faced compounding exposure as the trade conflict squeezed construction economics and condo starts declined, leaving new supply more sensitive to higher material costs.
A federal construction index showed fabricated metal costs ↑2.1% quarterly, adding pressure in Toronto as building projects remained tied to steel-intensive development.
Structural steel costs ↑1.8% quarterly, reinforcing supply-side risk for Toronto, where construction still relied on steel and rebar priced significantly higher overall.
With little to no condo construction to fall back on, Toronto was described as doubly exposed to potential price shocks on supply side.
For Toronto, the key takeaway was straightforward: weaker condo starts and costlier steel increased the market's vulnerability to supply-side pricing pressure recently.

Toronto — Most Expensive homes for September 2026.

Listings (sorted by price):
1. Listing C13780934 — $22,500,000
2. Listing C13475538 — $21,995,000
3. Listing C13619112 — $17,995,000
4. Listing C13732176 — $17,200,000
5. Listing C13525554 — $16,500,000
6. Listing C13693884 — $14,880,000
7. Listing C13752980 — $13,500,000
8. Listing C13816180 — $12,995,000
9. Listing C13764668 — $12,880,000
10. Listing C13227720 — $12,500,000
11. Listing C13142106 — $12,295,000
12. Listing 40826557 — $11,995,000
13. Listing C13092402 — $11,995,000
14. Listing C13640040 — $11,995,000
15. Listing C13763100 — $11,995,000

Toronto’s aggregate affordability measure improved in Q2, dropping ~1 point to ~64% across housing types, though it still ranked among the least affordable tracked markets.
Income growth drove most of Toronto’s relief, while home prices showed early signs of stabilizing, making this the smallest quarterly improvement since Q1 2024.
Toronto condos offered the most relief, reaching their most favourable affordability level since 2017 and giving buyers a comparatively more reachable entry point.
Even after recent easing, Toronto’s overall affordability burden remained the second worst among tracked markets, sitting within ~1 point of a potential ranking shift.
This was Toronto’s smallest quarterly affordability improvement since the recovery began in Q1 2024, even though the city continued improving faster than most markets.