Oakville combines urban amenities with a quaint ambiance, boasting parks, historic downtown, and excellent schools, making it a favored living destination in the GTA.
Burlington offers rural charm and urban conveniences, with family-friendly events, great schools, and ideal location between Hamilton and Toronto.
Milton, a growing town with a small-town feel, features local businesses, scenic trails, and convenient transportation, making it a desirable commuter location.
Mississauga is a dynamic city with a mix of culture, entertainment, green spaces, and educational institutions, renowned for safety and family-friendliness.
Toronto, a diverse economic hub, offers vibrant neighborhoods, recreational activities, and top educational facilities, appealing to residents from around the world.
June brought a steady pace to the market, with motivated Buyers and Sellers continuing to make moves despite ongoing economic uncertainty. While some are still waiting on the sidelines, those who are active are benefiting from increased inventory and more negotiating power. Preparation, pricing, and expert guidance continue to make all the difference.
As we reflect on May, it's clear the market continues to evolve—not pause. Despite mixed headlines, well-priced homes are moving, and informed Buyers and Sellers are finding success. With the right strategy and support, opportunities are absolutely out there. Confidence, preparation, and timing remain key in today’s shifting landscape.
As we step into May, I want to offer a message of reassurance and clarity. While headlines may focus on uncertainty, I'm seeing opportunities emerge for both Buyers and Sellers who are well-informed and well-prepared. The Real Estate market is adjusting — not stalling. Homes are still being bought and sold every day. Smart strategy, expert guidance, and timing are more important than ever.
Spring is officially here and, with it comes a fresh perspective and opportunities in the Real Estate market. While there’s plenty of noise in the market right now, the truth is, opportunity is always out there—you just need to know where to look. That’s where I can help! It is a Buyer’s market right now.
The real estate market in 2025 is on track to become one of the most promising in recent years. With a combination of lower interest rates, increased housing inventory, and favourable tax policies, Buyers, Sellers, and Investors alike have excellent opportunities ahead. If you’ve been considering acting in real estate, here’s why now is the ideal time.
The late 2024 rebound in home sales suggests 2025 could be a pivotal year for Canada’s Real Estate market. Lower interest rates and relaxed mortgage regulations will help boost sales. In addition, with an election this Spring the proposed Capital gains tax may not be passed along with the Carbon tax proposed.
In December 2024, GTA home sales totaled 3,359, down 1.8% year-over-year and 43% from November, reflecting typical year-end seasonality. New listings rose 20% to 4,681, offering buyers more choice. The average home price was $1.067M, down 1.6% from the previous year. Detached home prices saw slight declines, while semi-detached and townhomes remained stable. The 905 region, including Oakville, Burlington, and Hamilton, showed resilience, with condos continuing to offer value and negotiating room. Market activity is expected to pick up in early 2025 as buyers anticipate rate cuts.
In November 2024, GTA home sales jumped 40% year-over-year, led by strong demand for detached homes. Average price reached $1.1M, up 2.6%. Listings rose 6.6%, but buyer demand outpaced supply. Oakville, Burlington, and Hamilton saw continued strength in the detached segment, while condos remained stable, offering good value and more negotiation room in the 905 region. The market showed signs of tightening as buyers acted ahead of anticipated rate cuts.
October brought encouraging news as more Buyers entered the market. According to the Toronto Real Estate Board, we saw a 44% increase in sales over last year in the GTA. With lower borrowing costs and steady prices, we anticipate a strong finish in Q4 and a very buoyant market in 2025. In October Oakville experienced a 5.9% increase in the average sale price and a 68.75% increase in the number of sales. Burlington’s average sale price decreased -4.6% yet the number of sales increased by 64.9% and in the Hamilton region the average sale price rose by 7.6% and the number of sales increased by
GTA September 2024 market saw 4,996 home sales, up 8.5% year-over-year. New listings rose 10.5% to 18,089, giving buyers more choice. Average home price was $1.11M, down 1% from last year, while the MLS® Home Price Index fell 4.6%. Market conditions leaned in favour of buyers, though price declines were modest and demand remained steady with the early fall activity.
The Real estate market in Halton, Hamilton, and the Greater Toronto Area remains strong and vibrant. While there has been a slight increase in inventory, demand continues to outpace supply, leading to a competitive market. Buyers are actively seeking properties, and sellers are benefiting from the robust demand. Home prices have steadily increased, making it an opportune time to sell. If you're considering a move, now is an excellent time to explore your options!
“The GTA housing market is currently well-supplied. Recent home buyers have benefitted from substantial choice and therefore negotiating power on price. Moving forward, as sales pick up alongside lower borrowing costs, elevated inventory levels will help mitigate against a quick run-up in selling prices,” said TRREB Chief Market Analyst Jason Mercer.
“While interest rates remained high in May, home buyers did continue to benefit from slightly lower selling prices compared to last year. We have seen selling prices adjust to mitigate the impact of higher mortgage rates. Affordability is expected to improve further as borrowing costs trend lower. However, as demand picks up, we will likely see renewed upward pressure on home prices as competition between buyers increases,” said TRREB Chief Market Analyst Jason Mercer.
“Generally speaking, buyers are benefitting from ample choice in the GTA resale market in April. As a result, there was little movement in selling prices compared to last year. Looking forward, the expectation is that lower borrowing costs will prompt tighter market conditions in the months to come, which will result in renewed price growth, especially as we move into 2025,” said TRREB Chief Market Analyst Jason Mercer.
“The average selling price edged up in comparison to last year as we moved through the first quarter of 2024. Price growth is expected to accelerate during the spring and even more so in the second half of the year, as sales growth catches up with listings growth and sellers’ market conditions start to emerge in many neighbourhoods. Lower borrowing costs in the months ahead will help fuel increased demand for ownership housing,” said TRREB Chief Market Analyst Jason Mercer.
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