torontohomes

The Bank of Canada cut rates five times last year. The overnight rate dropped from 5% to 2.25%. By every surface-level reading, mortgage holders should be breathing easier. But if you locked a five-year fixed rate in 2021, your renewal letter this year tells a different story. Your new rate isn't 1.79% anymore. It's north of 4%. And the monthly payment shock is real — roughly 800,000...

If you’ve been following the real estate headlines, you might have seen some noise about "Inclusionary Zoning" and a sudden policy shift from the Ford government. It sounds technical, but if you are looking to buy a home—or investing in the future of the GTA—this is actually a pivotal moment. Here is the breakdown of what is happening, why it matters, and what it means for the market (and your...

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 With inventory levels rising significantly, the "frenzy" has been replaced by a market that favors patience and negotiation.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...