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%…

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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…

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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…

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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…

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June Events in Durham Region: Your Guide to Summer Fun

June is here, and with it comes a plethora of events and activities to enjoy in Durham Region. Whether you’re a foodie, a music lover, or just looking for some family fun, there’s something happening for everyone this month. Here’s your guide to the top events in Durham this June.

BROOKLIN SPRING FAIR (MAY 30-JUNE 2, 2024)

Location: 67 Winchester Rd E, Whitby

The Brooklin Spring Fair theme for 2024 is We've Got a Good Thing Growing! The Demo Derby, Tractor Pull and Rodeo are gearing up. Performers are booked. Supporters, sponsors and volunteers are ready to welcome you back together again. Visit website for more details.

Spring fest market (JUNE 1)

Location: Parkwood National…

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The Durham Region, located just east of Toronto, is rapidly becoming one of Ontario’s most desirable places to live. Whether you're a first-time homebuyer, a growing family, or someone looking for a change of pace, Durham has something to offer everyone.

Here are the top five reasons to consider buying a home in this vibrant and growing community:

1. Affordability

Compared to the skyrocketing prices in Toronto, the Durham Region offers more affordable housing options without compromising on quality. Whether you’re looking for a spacious suburban home, a trendy townhouse, or a cozy condo, you'll find more bang for your buck here. This affordability extends to lower property taxes and a lower cost of living, making it an excellent choice for…

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Spring in the Durham Region is blooming with excitement as it hosts a variety of Easter events designed for families, kids, and even pets to enjoy. From brunches with the Easter Bunny to adventurous egg hunts and magical farm experiences, there's something for everyone to make this Easter unforgettable.


Easter Bunny Brunch at Pingle's Farm

Starting on March 23, Pingle's Farm in Hampton offers a delightful Easter Bunny Brunch.

This event includes a prix fixe menu, live music, special Easter apple sippy cups for kids, and interactions with the Easter Bunny. The price ranges from $155 to $220 + HST per table, and your ticket also grants admission to the SpEGGtacular Easter Egg Hunt at the same location​.

Click here for more details and to…

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NOVEMBER 2023 UPDATE: NAVIGATING THE GTA & DURHAM REGION REAL ESTATE MARKET

Welcome back to our monthly real estate market update for the Greater Toronto Area (GTA) and Durham Region. November 2023 has been a noteworthy month, witnessing continued impacts of high borrowing costs and uncertain economic conditions on the housing market. Let's delve into the latest developments:

GTA Market Insights:

  • Sales Activity: November 2023 saw a decrease in home sales in the GTA, with REALTORS® reporting 4,236 sales through TRREB’s MLS® System – a 6 percent decline compared to November 2022. This downturn is primarily attributed to inflation and the impact of elevated borrowing costs on affordability.

  • New Listings: In contrast to the drop in…

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Welcome to our monthly real estate market update for Durham Region! As we dive into the numbers and trends of June 2023, we'll provide you with valuable insights and analysis to help you navigate the dynamic housing market in this vibrant region. Whether you're a potential buyer, seller, or investor, understanding the current market conditions can make a significant difference in your real estate decisions. Curious about how much your neighbourhood's homes sold for? Let's jump in and explore what June had in store for Durham Region!

Overall Market Performance: With a significant number of properties sold and an impressive average home price, Durham Region continues to be an attractive destination for homebuyers and investors alike. Let's jump into…

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Plan your month full of joy with these upcoming community events in the Durham Region and Greater Toronto Area! Whether you're looking for family-friendly activities, cultural celebrations, or thrilling spectacles, there's something for everyone. Here are some exciting events you won't want to miss: (click on the name for each event to view more details!)


Durham Region Canada Day Fireworks

Looking for the perfect fireworks event to attend on Canada Day? You're in luck! We've curated a list of the most spectacular fireworks events happening in the Durham area. View our list by clicking here!

When: July 1st, 2023

Where: Durham Region


Oshawa Zoo Canada Day Fundraiser

This Canada Day, join us at the zoo for an unforgettable…

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