As the autumn season arrives and families begin to settle into their school-year routines, the dynamics of the real estate market undergo a noticeable shift. Families, often a driving force in the market, tend to reduce their activity during this time. Simultaneously, certain investors also adjust their strategies, aligning with the seasonal ebb and flow. However, it's crucial to recognize that the real estate landscape remains dynamic, with a diverse range of buyer profiles actively... [read more]

With the end of Summer nearing, we are asked if we anticipate a dip in market activity over the coming months. While we can't seem to predict the future, we can analyze the data as it has been reported by the Toronto Regional Real Estate Board. Looking at the data from 2010-2023, a pattern emerged. Average sale prices in Georgina exhibit a seasonal sway, with distinct highs and lows across different months. The journey begins with lower prices in January and February, climbs during the... [read more]

In July 2023, the housing market in the Greater Toronto Area (GTA) showed positive trends compared to the same month in the previous year. Home sales, new listings, and home prices were all higher. However, when compared to the previous month, the market appeared to be more balanced, with sales decreasing while new listings increased. TRREB President Paul Baron mentioned that despite higher borrowing costs, home sales remained higher than last year, indicating that many households have... [read more]

There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New listings also declined on a year-over-year basis in July, albeit down by a more moderate four per cent. The expectation is that the trend for new listings will continue to follow the trend for sales, as we move through the second half of 2022 and... [read more]

There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, bucking the regular seasonal trend. “Now is the time for governments to govern and focus on measures that are proven to increase... [read more]