Market Report

March is usually when the spring market ignites, but 2025 is telling a different story. While inventory surged, sales volume pulled back significantly as buyers adopted a "wait-and-see" approach amidst trade uncertainties and upcoming elections. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,093,254 (Year-Over-Year: Down 2.5%) +1 Total Sales: 5,011 (Year-Over-Year: Down 23.1%)...

February 2025 showed us a market with abundant choice. While sales activity remained quiet as buyers held out for lower rates, inventory levels climbed significantly, giving those who were ready to transact substantial negotiating power. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,065,391 (Year-Over-Year: Down 4.2%) Total Sales: 4,736 (Year-Over-Year: Down 15.5%) New...

January 2025 kicked off with a significant shift in supply dynamics. While sales activity remained quieter than last year, the market saw a flood of new listings, setting the stage for a "well-supplied" spring market where buyers have plenty of options. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,040,994 (Year-Over-Year: Up 1.5%) +2 Total Sales: 3,847 (Year-Over-Year: Down...