According to the Toronto Regional Real Estate Board (TRREB): Sales: 6,243 homes sold (down 2.4% year-over-year) New Listings: 19,839 listings (up 7.7% year-over-year) Average Price: $1,101,691 (down 5.4% year-over-year) Average Days on Market: 42 days Affordability has improved across the GTA. Both prices and mortgage rates are lower than this time last year. But despite better deals and more listings, …
The spring real estate market in the Greater Toronto Area (GTA) has hit a wall. The latest May data paints a clear picture: activity is slowing, inventory is building, and buyer sentiment remains cautious. GTA Market Snapshot – May 2025 According to the Toronto Regional Real Estate Board (TRREB)*: Sales: 6,244 homes sold (down 13.3% year-over-year) New Listings: 21,819 homes …
April 2025 Numbers at a Glance Sales: 5,601 (▼ 23.3% YoY) Average Price: $1,107,463 (▼ 4.1% YoY) Active Listings: 27,386 (▲ 54% YoY) New Listings: ▲ 8.1% YoY Average Days on Market: 27 (▲ 22.2% YoY) Months of Inventory (MOI): 4.89 (Overall Balanced Market) April typically marks a busy season in real estate — and this year was no exception …
After a decade of runaway prices and lightning-fast bidding wars, we’re finally seeing the market settle into a more balanced, grounded place. This might feel like a slowdown, but it’s really a reset moment to pause, reassess, and reframe expectations — for both buyers and sellers. And for the first time in a while, buyers have options. Sales are down …
Big news! My brokerage is evolving, and I’m excited to share that we are now Century 21 Signature Service—a bold new step forward that enhances our presence in Mississauga and the Greater Toronto Area (GTA), while keeping everything you already know and trust about my service exactly the same. What Does This Mean for You? If you’ve worked with me …
GTA Home Sales Hit 30-Year Low February 2025 marked a historic low for GTA home sales, recording the lowest sales volume for this month since 1995. The GTA housing market continued to face challenges, with home sales plummeting almost 28% year-over-year. This decline is particularly significant, considering that 2024 was already a slow year for real estate. Market Overview Total …
A Slow But Steady Market Over the Past Two Years The GTA real estate market remained relatively slow throughout 2024, continuing the trend from the past two years. Detached homes has been the biggest decliner, as affordability concerns pushed buyers away from this higher-priced segment. The number of people looking to upsize has also decreased. Investors are pulling back on …
The GTA housing market in November 2024 reflected a complex dynamic, balancing strong sales growth with challenges from high inventory levels. Sales Activity: GTA reported 5,875 home sales, a 40.1% increase compared to 4,194 sales in November 2023. New Listings: New listings rose modestly by 6.6% to 11,592, but the surplus of active listings continued to temper market momentum and …
After six months of sluggish activity, Toronto’s housing market is showing clear signs of recovery. October saw a significant uptick in sales, with a year-over-year increase of 44% for low-rise homes and 32% for condominiums. While last year’s sales volumes were near 20-year lows, this growth indicates that the GTA market is truly heating up. Key numbers from October 2024 …
Uncertainty Amid Rising Inventory and Shifting Interest Rate Expectations The GTA housing market experienced a cool fall market start. Sales increased modestly compared to last year; however, showings are fewer, and new listings are outpacing sales, driving up inventory levels. In September, the condo market reached 6.9 months of inventory (MOI), while the low rise hit 4.5 MOI, reflecting a …
