Investors having condo regrets and millennials furious about the market: This week’s top real estate stories

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Here are The Globe’s top housing and real estate stories this week: ▫️ Young adults furious about having to give up home ownership; ▫️ Investors experience condo regrets; ▫️ The lowest mortgage rates available in Canada today.

Sales are soaring and home prices are climbing for the third consecutive month in Toronto. The home price index rose by 2.4 per cent to $1,145,700 from March to April,

. New listings were up 6.5. per cent after adjusting for seasonal influences, but the number remains well below the 10-year average.Home of the Week, 86 Lansdowne Ave., TorontoRanjith kumar/Ranjith Kumar/Birdhouse MediaHome of the Week, 86 Lansdowne Ave., TorontoRanjith kumar/Ranjith Kumar/Birdhouse MediaHome of the Week, 86 Lansdowne Ave., TorontoRanjith kumar/Ranjith Kumar/Birdhouse MediaHome of the Week, 86 Lansdowne Ave.

The once single-family residence has transformed into four homes – three dwellings in the main house, and the larger laneway home. The interiors in the main house are modern and uniform, with white countertops, sparse wood details, and plenty of natural light that floods in from the spacious windows. Ambient cove lighting flecks the hallways in an otherwise minimal design.

As a distinct alternative to condo living, the second floor features three skylights, and each unit has a private entrance. The dwellings range in size from 745 to 847 square feet, and the second and ground floors offer outdoor space in the way of a balcony and a small private patio.

 

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