2025 Ends with More Affordable Housing Market and Paves the Way for Year of Recovery Annual Greater Toronto Area (GTA) home sales declined in 2025 compared to 2024, as economic uncertainty weighed on consumer confidence. Over the same period, listing inventory remained elevated, allowing for selling prices to be negotiated downward, helping improve affordability. “The GTA housing market became more affordable in 2025 as selling prices and mortgage rates trended lower. Improved... [read more]

2026 Canada Housing Market Forecast: Will Buyers Finally Re-Enter the Market? Will 2026 be the year Canadian buyers stop waiting? Most major housing forecasters believe activity will finally pick up after two muted years, but expectations vary on how strong that rebound will be and where it will show up first. After a sluggish and uncertain 2025, the Canadian housing market appears positioned for gradual normalization rather than a sharp recovery. The Canadian Real Estate Association... [read more]

Planning Your 2026 Real Estate Moves: A Guide to the Best Buying and Selling Seasons Timing isn’t everything in real estate, but it can still be the difference between saving real money or paying a premium, selling in 30 days or sitting for three months, and negotiating from a position of strength or uncertainty. As we look toward 2026, that timing question matters even more in Canada. CREA is calling for a modest pickup in activity into 2026 as rates ease and confidence returns,... [read more]

National Real Estate Market Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of cooling homebuyer affordability and demand. But when the Bank of Canada announced in early March that it would put additional rate changes on hold, the... [read more]

A Return to ‘Normal’? The State of Real Estate in 2022   Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that led to a record number of home sales and a historically-high rate of appreciation, as prices soared by a national average of 19.9% year over year, according to the Canadian Real Estate Association.1 There were signs in the second quarter that the red-hot housing market was beginning to simmer down. In June,... [read more]