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More Listings, More ChoicesHome Sales Trending SteadierPrices Moderating but AffordableSigns of Renewed ConfidenceKey TakeawaysConclusionSources The Greater Toronto Area (GTA) real estate market is showing encouraging signs of recovery after months of adjustment. While home sales remain below peak levels, improving affordability, more balanced supply, and increased buyer confidence are...

What to Expect in Ontario’s Real Estate Market in 2025: Trends, Policies, and Opportunities As we step into 2025, Ontario’s real estate market is poised for a year of transformation and growth. From economic shifts to government policies, several factors will shape the landscape for homebuyers, sellers, and investors. This article delves into the key trends, policies, and opportunities that will...

The Ontario real estate market is undergoing significant changes in 2024, with trends that are shaping the buying, selling, and investing landscape. Whether you’re searching for affordable homes, looking to sell your property, or exploring investment opportunities, staying updated on market dynamics is essential. In this article, we dive into the latest trends, key drivers, and actionable insights to...

The City of Vaughan has taken a groundbreaking step toward addressing housing affordability by significantly lowering development charges, a critical cost in home construction. The new rates, effective November 19, 2024, represent a 47% reduction for low-rise residential developments, dropping from $94,466 to $50,193 per unit. This move, championed by Mayor Del Duca, has been commended by the Toronto...

The GTA housing market in October 2024 continues to show resilience and balance, according to the latest TRREB report. This update provides insights on MLS® sales, new listings, and average prices, helping buyers, sellers, and investors stay informed about the Greater Toronto Area's real estate landscape. 1. GTA Housing Market Sales Trends in October 2024 October 2024 MLS® sales show seasonal...

The Ontario real estate market has experienced noticeable shifts in recent months, signaling a strong buyer’s market as we move into fall. With more properties available and slight interest rate reductions, Ontario buyers have more options and bargaining power. This post will highlight the key market trends from September 2024 and provide insights into what we can expect as 2025 approaches. Current...

Ontario Real Estate Market Overview: September 2024 The Ontario real estate market in 2024 is seeing a significant transformation. As inventory levels rise and prices soften, particularly in the Greater Toronto Area (GTA), buyers are gaining more negotiating power. The average home price in Ontario as of August 2024 stood at $837,685, reflecting a slight 2.2% increase from the previous year. However, sales...

The Toronto Regional Real Estate Board (TRREB) has once again demonstrated its commitment to fostering future leaders in the real estate industry by awarding a total of $19,000 in scholarships to seven deserving students. These awards were presented through TRREB’s esteemed Past President’s Scholarship program, which aims to support the academic ambitions of students who showcase outstanding insights...

The "Mid-Year 2024 State of Luxury Real Estate" report by Sotheby's International Realty Canada highlights significant trends impacting the luxury real estate market. The report underscores the profound influence of unprecedented population growth on the housing markets in key cities such as Toronto, Vancouver, and Calgary. Toronto's luxury market has shown resilience, maintaining a balanced...

Property taxes are a critical aspect of homeownership, affecting overall affordability and cost of living. In 2024, the property tax landscape in Canada showcases significant variation across different cities, influenced by regional economic conditions, municipal policies, and housing market dynamics. According to a recent study by Zoocasa, some cities in Canada have witnessed notable changes in...