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]

GTA Housing Market Provides More Choice and Greater Affordability for Buyers As Real Estate Prices Drop by 7.2% in October 2025 Home sales in the Greater Toronto Area (GTA) were down year-over-year in October, while new listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates. “Buyers who are confident in their employment situation and ability to make their mortgage payments over the long... [read more]

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]

Top 6 Home Design Trends To Watch in 2023 Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most.  But while it’s important to make your home your own, it’s also smart to think about the long-term impact your... [read more]