National and Toronto Real Estate Market Update for 2025 The chill in Canada's housing market could be thawing sooner than expected.  Interest rates are dropping.1 Pent-up demand is building.2 Sales are starting to heat up.3 And a potentially electrifying set of mortgage rules just went into effect, making it easier than it 's been in years for first-time buyers with smaller down payments to qualify for a higher priced home.4 As a result, some experts now project that... [read more]

November 2024 Shows Improvement in Housing Market Conditions in Mississauga, Brampton and GTA Area   Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth... [read more]

My Home Didn’t Sell! Now What?   When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.  If that’s you, don’t panic! We’ve outlined the... [read more]

Top 7 Tips To Attract the Best Offers for Your Home     Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1 Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the market—current buyers... [read more]

GREATER TORONTO AREA HOME SALES AND LISTINGS DROP IN FEBRUARY 2023 Uptick in Home buying Expected Later This Year February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower through the spring and summer of last year. “It has been... [read more]