ontariorealestate

If we sat down for coffee right now, I can guess the first three questions you’d ask me. I know this because every buyer I’ve met in the last three months asks them: "Will prices drop another 5% if I wait?" "Are interest rates going to crash back down soon?" "Should I just sit on the sidelines for another year?" These are valid questions. But here is the hard truth I’ve learned from...

If I had to summarize the 2025 real estate market in one word, it would be "Adjustment". As we close the book on December, the latest report from the Toronto Regional Real Estate Board (TRREB) confirms what many of us felt on the ground: the market has shifted. It was a year that tested the patience of sellers and offered a long-awaited window of opportunity for buyers. Let’s look at the honest numbers,...

June 2025 showed us a market that is stabilizing and offering more opportunities for buyers. While year-over-year sales saw a slight dip, month-over-month activity actually increased on a seasonally adjusted basis, signaling underlying resilience. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,101,691 (Year-Over-Year: Down 5.4%) Total Sales: 6,243 (Year-Over-Year: Down 2.4%)...

May 2025 delivered a clear message: Affordability is improving, and buyers have more leverage than they’ve seen in some time. With inventory levels rising significantly, the "frenzy" has been replaced by a market that favors patience and negotiation. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,120,848 (Year-Over-Year: Down 6.3%) Total Sales: 6,218 (Year-Over-Year: Down...

April 2025 followed the typical seasonal trend with activity picking up compared to March, but the year-over-year picture tells a different story. Sales volume dropped significantly as many buyers continued to wait for more certainty regarding the economy and borrowing costs. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,107,463 (Year-Over-Year: Down 4.1%) +1 Total Sales: 5,601...

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...