Executive Limousine & Livery Service Inc.

10/31/2026

Toronto Homebuyers Gain Opportunities as Prices Ease Again
We’re seeing some notable shifts in the Toronto market: average home prices dipped 0.5% in September, now at $924,600, which is a 4.7% decrease from last year. Sales activity also slowed, down 5.2%, with new listings falling by 3.8%. These changes are closely linked to higher borrowing costs and broader economic uncertainty. With years of experience navigating both residential and commercial real estate in Toronto, I stay focused on helping clients interpret these trends and make informed decisions—tailoring strategies to the current environment is key to maximizing your real estate outcomes.


https://www.shiranihomes.ca/agent-news/reza-shirani/2138559-Toronto-Homebuyers-Gain-Opportunities-as-Prices-Ease-Again

10/30/2026

Happy Halloween

10/29/2026

Office-to-Residential Conversions Continue to Shape Canadian Cities
As someone who’s closely followed the evolving landscape of both residential and commercial real estate in Toronto and beyond, I find the ongoing wave of office-to-residential conversions across Canada especially noteworthy. Over 10 million square feet of Canadian office space are currently being transformed or redeveloped into approximately 17,000 new residential units—a significant contribution to urban revitalization. Each city is taking its own approach, with heightened demand for top-tier office spaces while many older buildings are finding a second life as much-needed housing. Navigating these shifts requires both strategic insight and a keen understanding of local market dynamics—qualities I’m proud to bring to every client conversation.


https://www.shiranihomes.ca/agent-news/reza-shirani/2145380-Office-to-Residential-Conversions-Continue-to-Shape-Canadian

10/29/2026

Toronto Listings Fall Faster Than Sales
It’s been an interesting close to Q3 in the GTA real estate market. We saw home sales reach 5,040—a drop of about 9% compared to last year. What’s notable, however, is that new listings declined even more sharply, down 14% to 16,500. This subtle tightening pushed the sales-to-new-listings ratio up to 31% from 29%, but this shift was driven mainly by fewer listings entering the market, not an uptick in buyer demand.

Average selling prices and benchmark values both fell roughly 5% year-over-year. At quarter’s end, active listings were at 26,100 (about 9% lower), leaving inventory levels steady at just over five months’ supply. While sold listings spent an average of 34 days on the market, properties often had a 51-day exposure due to relisting—a detail that sometimes masks the true time required to secure a sale.

Interestingly, the raw average price did inch up month-over-month to $1.01M, but after adjusting for market factors, pricing showed a slight decline. In a market like ours, smaller inventory offers an opportunity to review comparable properties with fresh perspective, rather than pushing for higher asking prices automatically. My experience in both residential and commercial real estate has taught me that understanding these nuanced shifts is key to navigating changing conditions and developing strategies that help clients achieve their real estate goals.

10/27/2026

افزایش معاملات مسکن در منطقه در ماه سپتامبر
Let’s connect and talk about the latest insights in the industry!

10/27/2026

How much is your Home Worth?
Find out if it's time to sell your home

Find out what your home is really worth. Get a free, personalized home evaluation based on local market data from Reza shirani.

10/26/2026

Toronto Affordability Gains Are Tapering
Toronto’s affordability picture is shifting once again. In Q2, the aggregate affordability measure improved slightly—down about 1 point to around 64% across all housing types. While this does offer some relief, Toronto remains one of the least affordable markets tracked. Most of this modest improvement came from income growth, as home prices stabilized and the pace of change slowed. Notably, condos led the way, reaching their most favourable affordability level since 2017, making them a more accessible entry point for buyers seeking value and flexibility. Still, even with these gains, Toronto’s overall affordability burden is just within a point of a potential ranking shift, and remains the second most challenging among tracked regions. This was also the smallest quarterly improvement since early 2024, though our city continues to edge ahead of most other markets in terms of recovery. As someone who closely monitors these trends, I’m committed to providing clients with strategic guidance so they can make informed decisions in this evolving landscape.

10/24/2026

'Bumpy and even': RBC Economics releases latest housing market outlook
RBC Economics just released their latest outlook, highlighting a housing market that remains anything but predictable. We're seeing home resale declines and softer prices, particularly in regions like Ontario, Vancouver, and Montreal. Here in Toronto, the recovery has hit a pause, while Vancouver contends with high inventory and Calgary holds steady. The key takeaway? Each region is facing unique challenges, and the path forward will be uneven across the country. As someone deeply invested in understanding Toronto's evolving market, I believe tailored strategies—grounded in local knowledge—are more important than ever to navigate these shifts and achieve your real estate goals.


https://www.shiranihomes.ca/agent-news/reza-shirani/2142064-%27Bumpy-and-even%27%3A-RBC-Economics-releases-latest-housing-mark

10/22/2026

Your Clients will fall in-LOVE with this immaculate *5+2 large bedrooms & 6 Washrooms* Lake Wilcox custom built Executive 2 story Detached Home. Welcome to Beautiful Lake Wilcox Community, This gorgeous house is 5 minutes walking distance to Lake Wilcox. Coffered Ceiling throughout the house, New custom Entry Door with touch key pad code 2023 (NO KEYS NEEDED) New upper Laundry with *PERMIT* separate entrance SE 2025, New Flooring extra wide Waterproof Laminate Sep 2025, New Kitchen with waterfall large center Island Oct 2025, new built In S/S Appliances Sep 2025, New basement Laundry room with new Washing machine & new Dryer Sep 2025, New Basement 8x11 Marble Slab wall Entertainment Sep 2025. New Furnace Aug 2025, New AC Aug 2025, New large Water Tank Aug 2025, New triple heavy duty sump pump with Marine backup alarm Sep 2025, New 4" pipe basement to Curb Sep 2025, ****THIS IS THE ONLY HOUSE ON LAKELAND CRES WITH CITY OF RICHMOND HILL VARIANCE ALLOWED AND CONNECTED TO CITY BASIN SYSTEM OCT 2025*** Absolutely amazing house with too many items to list, your family will make unforgettable memories in this 5+2 bedrooms. come visit and enjoy. 10" Ceiling on Main & Second Floor, 9" ceiling in Basement, feels like main floor & very bright with many windows. (id:26452)

10/22/2026

Toronto Housing Market | 2026 Home Prices
As someone deeply invested in Toronto’s real estate landscape, I’ve been closely watching recent market movements. In 2026, sales dipped by 2.1% and new listings dropped 14.1%, tightening the available supply. This shift has led to average home prices edging down 4.5%, settling around $993,410—with condos, townhouses, and single-family homes all seeing price declines. My approach is always to interpret these trends with a clear eye on your long-term goals, offering strategic guidance whether you’re navigating a changing market or looking to make your next move in Toronto.


https://www.shiranihomes.ca/agent-news/reza-shirani/2137340-Toronto-Housing-Market-%7C-2026-Home-Prices