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Rising Tensions: Reports Hint at Possible U.S. Move Toward Iran

In this frame grab from footage circulating on social media from Iran, protesters once again take to the streets of Tehran despite an intensifying crackdown as the Islamic Republic remains cut off from the rest of the world in Tehran, Iran, January 10, 2026. Regional tensions have intensified as Israeli officials place the country on heightened alert amid growing speculation that the United States may be preparing to take action involving Iran. The shift comes at a moment when Iran is facing widespread domestic unrest, with demonstrations erupting across major cities and drawing international attention. Washington has issued increasingly sharp warnings to Iran’s leadership about the use of force against protesters, emphasizing that the U.S. is monitoring the situation closely. While American officials have not confirmed any operational plans, the possibility of U.S. involvement is being taken seriously by regional governments. The heightened alert follows a period of volatility mark...
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Toronto’s Condo Crisis: A Dire Signal for Housing Affordability and Rental Market

 

The Greater Toronto Area (GTA) is facing a condo crisis that has significant implications for housing affordability and rental supply. According to a recent report by CIBC and Urbanation, the GTA’s condo market is “clearly in recessionary territory,” and the nationwide housing crisis is at a level not seen in over 30 years. Here are the key points:

  1. Condo Pre-Sales at a 20-Year Low: Toronto-area condo pre-sales are below 50%, marking a more than 20-year low. High costs, high interest rates, and poor investment prospects have left the market in a challenging situation.

  2. Investor Dilemma: Condo investors play a crucial role in rental supply and overall housing affordability. However, recent investors are mostly losing money, and prospective investors are avoiding new projects due to uncertainty.

  3. Developers Struggle: Developers face rising construction costs due to inflation, coupled with dwindling interest in future projects. This slowdown in future supply exacerbates the crisis.

  4. Limited Relief: Falling interest rates, projected population growth slowdown, and stabilized construction costs provide some relief. However, it’s not a magic solution, and a more comprehensive policy response is needed.

  5. Record-High Inventory: Unsold condo inventory in the second quarter of 2024 reached a record high of 25,893 units, more than 60% higher than the 10- and 20-year averages. Sales were the lowest in 20 years outside of the initial months of the COVID-19 pandemic.

In summary, Toronto’s condo market woes underscore the urgent need for housing policy reforms and creative solutions to address affordability and rental challenges.


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