August continued the positive momentum we started to see in July. We are seeing a "tightening" trend: home sales increased compared to last year, while the number of new homes coming to market actually dropped significantly. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,034,710 (Year-Over-Year: Down 4.4%) Total Sales: 5,096 (Year-Over-Year: Up 2.4%) New Listings: 11,262...
Real Estate
People often ask me, "Tina, isn't it stressful dealing with contracts, negotiations, and deadlines all day?" My answer is always the same: I don't just deal with contracts; I deal with dreams. While I do spend a lot of time analyzing market data and fighting for the best prices, that’s just the "business" side. The reason I truly love real estate—the reason I wake up excited every morning—is the...
July brought a noticeable shift in market momentum. For the first time in recent months, we saw sales volume increase compared to last year, as buyers began to take advantage of lower prices and a well-supplied market. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,061,053 (Year-Over-Year: Down 5.1%) Total Sales: 5,487 (Year-Over-Year: Up 4.1%) New Listings: 14,047...
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...
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...
In the fast-paced real estate market of the GTA, you are always in a competition. If you are selling, you are competing against every other listing for a buyer's attention. If you are buying, you are competing against other families for that dream home. Usually, we ignore the competition. But as a Real Estate Professional, I tell my clients: Watch them closely. Your "competitors" in the market can teach...