But even with a bumpy road ahead, there are reasons to be optimistic.

One of the many 2021 housing market predictions emerging at year-end is focusing on the continued strength of single-family home sales and price appreciation.

A pair of commercial buildings positioned on a major Scarborough intersection are set to be replaced by an 11-storey condo development.

The development by Sterling Group will offer a rare opportunity to purchase a new construction, freehold single, next to the Humber River.

Based on all of the new Toronto developments added to BuzzBuzzHome so far this year, here we showcase those eight newly proposed projects below.

Restrictions that may be rolled out in the coming days would put a dent in the robust sales activity recorded since summer, but would leave home prices mostly unaffected.

The final release of suites is available now with pricing starting at $839,900.

Graywood Developments has acquired a downtown development site near Church Street and Dundas Street East, which it intends to rezone for a new high-rise residential project.

The rest of the building has also progressed significantly with exterior cladding, glazing and balcony glass now installed on over half of the structure.

Ottawa-Gatineau, Hamilton and Montreal were the local markets that saw both the strongest monthly and annual price gains.