The Bank of Canada announced today that it is maintaining its target for the overnight rate at 2.25%. The Bank Rate remains at 2.50%, while the deposit rate remains at 2.20%. For homebuyers, homeowners and real estate investors in Toronto, Vaughan, Richmond Hill, Markham and across the Greater Toronto Area, the decision provides some short-term stability—but it does not necessarily mean that all...
The Bank of Canada announced today that it is maintaining its overnight policy interest rate at 2.25%, marking another pause after previous rate cuts over the past year. While some Canadians were hoping for another reduction, today's decision reflects the Bank's cautious approach as it continues balancing inflation with economic growth. If you're thinking about buying, selling, refinancing, or...
The Greater Toronto Area (GTA) housing market continued to show signs of recovery in May 2026, with home sales increasing and inventory levels declining compared to the same period last year. For buyers and sellers across Vaughan, Toronto, Richmond Hill, Markham, and surrounding communities, the latest numbers suggest a market that is becoming more balanced and potentially more competitive in the months...
Renewed Confidence Could Shape 2026 The November 2025 TRREB Market Watch paints a clear picture: buyers are still cautious, but the fundamentals are quietly shifting in the right direction. Home sales across the GTA came in at 5,010 transactions, down 15.8% from last year. New listings also slipped by 4%, landing at 11,134. The spread between sales and listings means we’re still firmly in a...
If you’ve been waiting for the right time to make a move — this might just be it. According to the Toronto Regional Real Estate Board (TRREB), October brought more listings, fewer sales, and softer prices, tilting the balance clearly in favour of buyers across the GTA. 📉 Sales Down, Selection Up GTA REALTORS® reported 6,138 home sales in October — a 9.5% drop compared to the same month...
Let’s not sugarcoat it—March was a mess. It’s like the real estate market threw a party, sent out 17,263 invites (a 28.6% jump in listings), and only 5,011 people showed up. That’s a 23.1% drop in sales from last year. Not exactly RSVP goals. The average selling price across the GTA? $1,093,254, down 2.5% from last March. It’s basically a buyers’ market, but most of them seem to be...
The Greater Toronto Area (GTA) real estate market in February 2025 continued to experience shifting dynamics, with home prices stabilizing, sales declining, and an increase in new listings. Buyers and sellers alike are navigating a market influenced by moderating interest rates, economic uncertainties, and evolving consumer confidence. Home Prices and Sales Activity The average selling price in...
The Vaughan real estate market continues to be one of the best places to buy a home or invest in 2025. With ongoing developments, strong market demand, and increasing property values, Vaughan remains a top choice for buyers, investors, and sellers looking for high returns and long-term growth. Why is Vaughan’s Real Estate Market Booming? 1. Strong Market Performance & Property Value...
The Toronto real estate market has kicked off 2025 with shifting trends in home sales, prices, and supply. According to the latest TRREB Market Outlook and Year in Review report, we can expect moderate price growth and increased activity as borrowing costs decline. Let’s break down the key insights from this month’s report. January 2025 Market Trends 📊 Home Sales: 3,847 homes sold in...
As the Greater Toronto Area real estate market continues to evolve, October brought promising indicators for both buyers and sellers. Here's a breakdown of this month's highlights and what they mean for your real estate goals. Sales Surge in October 2024 In October, we saw a notable uptick in activity. Sales across the GTA increased by 44.4% year-over-year, with 6,658 transactions reported, a strong...
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