With 2025 officially underway, the housing market is already showing signs of exciting opportunities and challenges for buyers and sellers alike. Here’s a closer look at the trends and what they could mean for you. Home Prices: Steady Growth Experts predict home prices will grow by a steady 2.6% in ...
Continue ReadingThe Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales meant there was more competition between buyers, supporting an improvement in selling ...
Continue ReadingGreater Toronto Area (GTA) housing market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above the average list price for the first time since May 2022. ...
Continue ReadingFebruary 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 ...
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