Fashion Week month is here and Mandi Keighran finds the spirit of Paris, Milan, London and New York is expressed not only on the runway, but in their most stylish luxury homes. Twice a year, the fashion industry elite pack their bags and embark on a four-city tour of runway shows across the globe. From New York to London, Milan to Paris, the “Big Four” fashion weeks set the agenda for the season ahead.

Forget the outdated image of a cramped in-law suite or basement apartment. Today’s multigenerational homes are elegant, expansive, and designed to meet the needs of three—or even four—generations under one roof. It’s not just a trend—it’s a full-blown shift in how families are redefining home.

In the hierarchy of luxury, finishes can be upgraded and layouts reimagined—but one thing remains priceless: the view. Whether it’s skyline silhouettes, water stretching to the horizon, or treetops glowing at sunset, the right sightline can elevate a home from simply desirable to truly unforgettable.

For years, luxury real estate was synonymous with size: multi-level estates, sprawling square footage, and multiple living zones were the gold standard. But a quiet shift is underway—one that prioritizes how a space lives over how large it is.

As city living continues to evolve, so do the expectations of high-end buyers. In Toronto's luxury market, where skyline views and prime locations were once enough, a new must-have feature is redefining desirability: private outdoor space. From rooftop terraces to secluded courtyards and covered loggias, the ability to step outside—and stay outside—has become a symbol of modern luxury.

What began as a temporary shift has become a permanent evolution. Today, the luxury buyer isn’t just looking for a home—they're looking for a headquarters. As hybrid work becomes the norm and entrepreneurship accelerates, high-end properties are reimagining what a work-from-home setup can truly be.

TORONTO, ONTARIO, August 6, 2025 – The Greater Toronto Area (GTA) experienced the best home sales result for the month of July since 2021. Sales were also up relative to listings, suggesting a modest tightening in the market compared to last year. “Improved affordability, brought about by lower home prices and borrowing costs, is starting to translate into increased home sales. More relief is required, particularly where borrowing costs are concerned, but it’s clear that a growing number of households are finding affordable options for homeownership,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.

Luxury real estate has always been about beautiful finishes, generous square footage, and sought-after locations. But today, something deeper is driving the market: wellness. Homebuyers in Toronto and beyond are no longer just shopping for marble countertops and smart appliances—they’re seeking homes that support physical, mental, and emotional well-being.

For years, sleek new builds have dominated Toronto’s luxury market—glass boxes with clean lines, minimalist kitchens, and the latest smart home tech. But lately, a quiet shift is happening. More and more high-end buyers are turning their attention back to older homes—ones with history, soul, and craftsmanship you can’t replicate overnight.

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in June 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power.

“Looking at the GTA as a whole, homebuyers have certainly benefited from greater choice and improved affordability this year. However, each neighbourhood and market segment have their own nuances. Buyers considering a home purchase should connect with a REALTOR® who is knowledgeable about their preferred area and property type. In today’s market, working with a REALTOR® who brings expertise, the right tools, and a strong network is essential,” said Toronto Regional Real Estate Board President Elechia Barry-Sproule.

TORONTO, ONTARIO, June 4, 2025 – The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power. GTA REALTORS® reported 6,244 home sales through TRREB’s MLS® System in May 2025

Our monthly series asks: What decor best suits each zodiac sign? Homebody Taurus craves comfort and ease—and a sizable closet, writes Jill Krasny

April 2025 home sales in the Greater Toronto Area (GTA) followed the regular seasonal trend with an increase relative to March. However, total residential transactions were down compared to the same time last year, as potential buyers continue to wait for lower borrowing costs and certainty about the economy's trajectory. GTA REALTORS® reported 5,601 home sales through TRREB’s MLS® System in April 2025, marking a 23.3% decrease compared to April 2024. New listings amounted to 18,836, up by 8.1% year-over-year. The MLS® Home Price Index Composite benchmark was down by 5.4% year-over-year, with the average selling price at $1,107,463, down by 4.1% compared to April 2024. Elevated inventory levels provided substantial choice for households, resulting in lower average prices across market segment

In Canada, the key interest rate – which is the rate at which banks are able to borrow money when they are low on reserves funds – is determined by The Bank of Canada. Fluctuations in interest rates have an impact on nearly all aspects of the economy. Here are some of the ways interest rates can shape the real estate market.

When looking for your next home, attending open houses can be a great way to get a sense of a potential property and decide if you can imagine yourself or your family living there. It can be easy to be influenced by the curb appeal or the staging of a home, but there are several other important things to consider. Here are the most important things to check out at an open house.

Explore the latest insights on the Greater Toronto Area housing market in March 2025, where affordability has improved but home sales have dropped sharply. This in-depth market report analyzes price trends, buyer behavior, interest rate expectations, and inventory growth, with expert commentary from TRREB. Learn how economic uncertainty, the upcoming federal election, and potential Bank of Canada rate cuts are shaping the GTA real estate landscape—and what it means for buyers, sellers, and investors.

Toronto’s real estate market is facing a sharp decline in sales, rising inventory, and shifting buyer sentiment. In this in-depth analysis, we break down the latest TRREB data, exploring the impact of high interest rates, affordability challenges, and economic uncertainty on home prices and demand. With a potential Bank of Canada rate cut on the horizon, could the market be poised for a rebound? Stay ahead with expert insights on GTA housing trends, investment opportunities, and future market outlook.

TORONTO, ONTARIO, FEBRUARY 5, 2025 – The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the course of the year.

Explore the 2024 Greater Toronto Area housing market trends in our latest report. Learn about the slight rise in home sales, significant increase in new listings, and how high borrowing costs shaped buyer behavior. Discover how Bank of Canada rate cuts impacted affordability and what lies ahead for 2025, including price trends in detached homes and condominiums. Stay informed on GTA real estate market insights and expert forecasts.

Discover the latest insights on the Greater Toronto Area (GTA) housing market in our November 2024 Market Watch report. Learn about the significant surge in home sales, price trends, and market conditions. Get expert analysis from TRREB leadership and stay informed about the proposed rate cut for December, including the odds of a 25 bps or 50 bps cut. Stay ahead of the market trends and prepare for a promising 2025 with our comprehensive report.