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Market Insight for June 13

by | Jun 13, 2025 | Market Updates

Market Insight for June 13 What’s the Average Age of a First-Time Homebuyer—And How Much Money Do They Need? Almost half (47 per cent) of first-time buyers who made a home purchase in the last 18 months were aged between 25 and 34, according to the Canada Mortgage and...

Market Insight for June 6

by | Jun 6, 2025 | Market Updates

Market Insight for June 6 Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating power to potential homebuyers. The Toronto Regional Real Estate Board stated in a release this week that 6,244 homes were...

Market Insight for May 30

by | May 30, 2025 | Market Updates

Market Insight for May 30 New construction home sales in the Greater Toronto Area (GTA) have now recorded their seventh straight month at historically low levels, surpassing even the slump seen during the 1990s housing downturn. Back in the 1990s crash — which spanned...

Market Insight for May 2

by | May 2, 2025 | Market Updates

Market Insight for May 2 With average home prices in the GTA slightly lower than last year, Toronto’s housing market continues to favour buyers. Although roughly 75% of GTA neighbourhoods see homes sell below asking, there are still select pockets where properties...

Market Insight for April 25

by | Apr 25, 2025 | Market Updates

Market Insight for April 25 Both the Liberals and Conservatives have pledged to cut the cost of new homes by as much as $100,000. However, in Toronto, new condos are already about $300,000 more expensive than resale units. The two major parties are promising to reduce...

Market Insight for April 11

by | Apr 11, 2025 | Market Updates

Market Insight for April 11 Certain price-points, home types, and neighbourhoods are selling better than others, according to agents across the Greater Toronto Area. Spring traditionally marks the busiest time in real estate. But this year, with the added complexity...