As spring approaches, signs of improving affordability and increased inventory are shaping the real estate market in the Greater Toronto Area (GTA) and Durham Region. While sales volume is still lower than last year, more listings and stabilized pricing are creating new opportunities for buyers. Let’s explore the latest insights and key statistics from March 2025.

GTA Market Insights
The Toronto Regional Real Estate Board (TRREB) reports 5,011 home sales in March 2025 — a 23.1% decline from the same time last year. However, the number of new listings climbed by 28.6% year-over-year, giving buyers more selection than we’ve seen in recent months. The average selling price across the GTA was $1,093,254, down 2.5% from March 2024, and relatively flat…

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As the snow melts and the days get longer, spring is the perfect time to breathe new life into your home’s exterior. Whether you’re thinking about selling or just want to be proud when you pull into the driveway, these outdoor upgrades can make a big impact.

1. Refresh Your Landscaping

A well-kept lawn and clean garden beds instantly boost curb appeal. Add fresh mulch, trim overgrown shrubs, and plant vibrant spring flowers like tulips, pansies, or daffodils to make your front yard pop.

2. Upgrade Your Front Door

Your front door is a focal point—make it stand out. A fresh coat of paint (bold colours like navy, forest green, or even cherry red) can modernize your entrance. Add a seasonal wreath or new hardware for an extra touch.

3. …

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As we move deeper into 2025, the Greater Toronto Area (GTA) and Durham Region real estate markets continue to evolve. February saw a significant rise in available inventory, while home sales softened compared to last year, creating a favorable environment for buyers. Let’s dive into the latest trends and key statistics from February 2025.

GTA Market Insights The Toronto Regional Real Estate Board (TRREB) reports that 4,037 home sales occurred in February 2025, representing a 27.4% decline from the same period last year. Meanwhile, new listings increased by 5.4% year-over-year, offering buyers more choices. The average selling price across all home types was $1,084,547, marking a 2.2% decrease compared to February 2024.

Experts anticipate a…

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JANUARY 2025 UPDATE: THE GTA & DURHAM REGION REAL ESTATE MARKET

Welcome to our first market update of 2025! As we step into the new year, the Greater Toronto Area (GTA) and Durham Region are seeing shifts driven by increasing inventory, moderate price adjustments, and growing buyer activity. Let’s dive into the highlights from January 2025.

GTA Market Insights

The Toronto Regional Real Estate Board (TRREB) reports that 3,847 home sales took place in January 2025, marking a 7.9% decline from the same period last year. However, new listings surged by 48.6% year-over-year, providing more options for buyers. The average selling price for all home types in the GTA was $1,040,994, up 1.5% from January 2024.

Looking ahead, TRREB forecasts a 12.4%…

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Welcome to our final market update of 2024! As the year wrapped up, both the Greater Toronto Area (GTA) and Durham Region showed clear signs of stabilization in the housing market, with some segments performing stronger than others. Let’s dive into the highlights from December 2024.

GTA Market Insights

(Overview of the GTA stats you provided, focusing on key trends like annual sales increases, buyer negotiating power, and average selling prices.)

Durham Region Market Highlights

Durham Region ended the year on a strong note, with average sale prices increasing month-over-month, despite a sharp drop in sales and new listings compared to November.

Key Metrics

  • Average Sale Price: $930,207
  • Days on Market: 30 (up from 24 in November)
  • …

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Welcome to the November edition of our real estate market update! Both the Greater Toronto Area (GTA) and Durham Region continued to show signs of recovery, fueled by lower borrowing costs and improving buyer confidence. Let’s dive into the key trends shaping the market this month.

GTA Market Insights

November 2024 was a strong month for the GTA housing market, with notable year-over-year increases in both sales activity and average home prices.

Sales Activity:

  • 5,875 homes sold, marking a 40.1% year-over-year increase compared to 4,194 in November 2023.
  • Sales grew not only on an annual basis but also month-over-month compared to October, reflecting growing buyer demand.

Average Sale Price:

  • The average sale price rose to …

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As the holiday season approaches, many of us are busy crafting wish lists for Santa. But instead of gadgets or trendy items, why not consider asking for something that truly gives back—home renovations? Thoughtful updates to your home not only enhance your daily living experience but can also increase your property’s value, setting you up for success in the new year. Here are some renovation ideas that could make 2024 your home's best year yet.

1. Upgrade Your Kitchen – The Heart of the Home

A modern, functional kitchen is a top priority for homebuyers and an excellent investment. Consider upgrades like:

  • Quartz or granite countertops for durability and style.
  • Energy-efficient appliances to save on utility bills.
  • Modern…

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Welcome back to our monthly real estate market update, where we cover the latest insights for the Greater Toronto Area (GTA) and Durham Region. In October 2024, the market saw a noticeable increase in sales activity, supported by ongoing interest rate cuts and improving affordability. Here’s a breakdown of the key trends in both the GTA and Durham Region.

GTA Market Insights:

Sales Activity: GTA home sales rose by 44.4% year-over-year, reaching 6,658 transactions compared to 4,611 in October 2023. New listings saw a modest 4.3% increase year-over-year, totaling 15,328 properties. The higher sales volume compared to new listings indicates a tightening market.

Home Prices: The average selling price across the GTA increased slightly by 1.1%…

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Welcome back to our monthly real estate market update, where we cover the latest insights for the Greater Toronto Area (GTA) and Durham Region. In September 2024, the market saw a noticeable increase in sales activity, driven by recent interest rate cuts and improved affordability. Here’s a breakdown of the key trends in both the GTA and Durham Region.

GTA Market Insights:

  • Sales Activity: GTA home sales rose by 8.5% year-over-year, reaching 4,996 transactions compared to 4,606 in September 2023. Additionally, new listings increased by 10.5%, totaling 18,089 properties. The rise in listings has created more options for buyers, helping keep price shifts moderate and promoting a better-supplied market.

  • Home Prices: The average selling…

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November is often seen as an off-peak month in real estate, but that can actually play to your advantage. Fewer listings typically mean motivated sellers and serious buyers, creating an ideal environment for anyone ready to make a move. Homes listed in November often receive more focused attention and less competition compared to the spring rush. Additionally, with fewer buyers active, there’s a unique opportunity to find great deals before the year ends.

Top Benefits for Buyers in November

  1. Motivated Sellers: Homeowners who list in November are usually serious about selling, making negotiations potentially more flexible and favorable.

  2. End-of-Year Financial Opportunities: Lenders may offer attractive financing options to meet annual…

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