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

471 Views, 0 Comments

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%…

247 Views, 0 Comments

Discover the joy of the holiday season in Durham Region! From vibrant Christmas markets to unique holiday events, these gatherings offer something special for everyone. Here’s your guide to the top Christmas markets in Durham Region for 2024.

November Christmas Markets

1. Uxbridge Farmers’ Christmas Market

  • Dates: Sundays, November 3 to December 8, 2024
  • Time: 10 a.m. to 3 p.m.
  • Location: Uxbridge Arena Hall, 291 Brock Street West, Uxbridge
  • Highlights: Find unique gifts from local artisans, including candles, soaps, teas, honey, and jewelry. This market is free to enter and perfect for early holiday shopping.

2. Bright & Merry Market in Oshawa

  • Date: Friday, November 15, 2024
  • Time: 5 p.m. to 9 p.m.
  • Location: From City…

10244 Views, 2 Comments

It's time to embrace the fall season by visiting some of Durham Region’s best pumpkin patches. Whether you're in search of the perfect pumpkin for carving, looking to enjoy a family-friendly outing, or hoping to capture some picturesque photos, these local pumpkin patches have it all.

1. Pingle’s Farm Market

Located in Hampton, Pingle’s Farm Market is a staple destination for fall fun. With a massive pumpkin patch featuring pumpkins of all shapes and sizes, this farm offers something for everyone. Besides picking pumpkins, visitors can enjoy an 8-acre corn maze, wagon rides, and the delicious treats available at the on-site bakery and cafe. Don't forget to check out their farm store for locally sourced goods and fresh produce!

Address: 1805…

1478 Views, 0 Comments

As the leaves change and the crisp autumn air sets in, Durham Region comes alive with fall activities that capture the beauty and spirit of the season. Whether you’re looking for outdoor adventures, family-friendly fun, or local festivities, there’s something for everyone to enjoy. Here’s a roundup of the best fall activities to experience in Durham Region in 2024!

1. Apple Picking at Maple Grove Farm

Kick off the season with a classic fall activity—apple picking! Maple Grove Farm in Bowmanville is the perfect spot for a family day out. The orchard offers a variety of apples ready for picking, including Honeycrisp, McIntosh, and Gala. After filling your baskets, stop by the farm store for fresh apple cider, pies, and other local treats. Be sure to…

1191 Views, 0 Comments

How to Make the Most of Your Summer in Durham Region

As summer peaks, there's still plenty of time to soak up the sun and enjoy all that Durham Region has to offer. From outdoor adventures to local events, there's something for everyone to make the most of these warm, sunny days. Here are some top ways to spend the rest of your summer in Durham Region.

1. Explore the Great Outdoors

Hiking and Biking Trails

Durham Region boasts an extensive network of trails perfect for hiking and biking. Some must-visit trails include the Waterfront Trail in Oshawa, which offers stunning views of Lake Ontario, and the Seaton Trail in Pickering, known for its lush greenery and serene river views. For a more challenging adventure, try the trails at Durham Forest

885 Views, 0 Comments

Welcome back to our detailed real estate market update for June 2024 in the Greater Toronto Area (GTA) and Durham Region. This month has seen some notable developments reflecting broader economic sentiments and potential shifts in the mortgage landscape.

GTA Market Insights:

Sales Activity: June 2024 saw a continued reduction in home sales across the GTA. According to the Toronto Regional Real Estate Board (TRREB), 6,213 home sales were reported through the MLS® System, marking a 16.4% decline compared to the 7,429 sales in June 2023. Despite the Bank of Canada's rate cut at the beginning of the month, many buyers chose to hold off on their purchasing decisions.

Home Prices: The MLS® Home Price Index (HPI) Composite benchmark experienced a 4.6%…

968 Views, 0 Comments

Ontario has set an ambitious goal to build at least 1.5 million homes by 2031, and Oshawa is playing a significant role in this initiative. With a 10-year housing target of 23,000 new homes, Oshawa has made steady progress since 2022. As of 2024, the city has added 3,408 new homes, including 1,135 in 2023, and 294 so far this year, reaching 15% of the 2024 target of 1,917. This blog explores the benefits and challenges of this growing housing inventory for buyers and sellers in Oshawa.

The Benefits of Increased Inventory

Greater Choice for Buyers

For homebuyers, the increase in new homes means more options. Whether you're looking for a cozy starter home, a spacious family residence, or a lucrative investment property, the expanding inventory…

889 Views, 0 Comments

Welcome back to our detailed real estate market update for May 2024 in the Greater Toronto Area (GTA) and Durham Region.

This month has brought some interesting shifts, reflecting broader economic sentiments and potential shifts in the mortgage landscape:

GTA Market Insights:

Sales Activity: May 2024 continued to showcase reduced home sales levels, especially in comparison to the brief surge experienced last spring. Toronto Regional Real Estate Board (TRREB) reported a total of 7,013 sales through the MLS® System this May—a significant 21.7% decline from the 8,960 sales reported in May 2023. Despite the slowdown in sales, new listings rose sharply, up by 21.1% year-over-year to 18,612, giving buyers more options and leverage in price…

1116 Views, 0 Comments

Canada Day is just around the corner, and Durham Region is gearing up for a spectacular celebration! Whether you're a long-time resident or visiting the area, there are plenty of events to enjoy. From fireworks to family-friendly activities, here's your guide to the best Canada Day events in Durham Region.

Oshawa Fire reminding you to stay safe around fireworks during Diwali |  Durham Radio News

1. Fireworks Extravaganza at Lakeview Park, Oshawa

Start your Canada Day celebration with a bang! Head to Lakeview Park in Oshawa for a stunning fireworks display that will light up the night sky. This free event provides a wide range of local entertainment, vendors, activities and displays for attendees to enjoy. This free event kicks off at 2pm. Bring a blanket and find a spot on the grass to enjoy the show, which starts at 10 PM sharp. More…

2879 Views, 0 Comments