GTA Real Estate Market Navigates High Supply and Modest Price Shifts

Homes across the GTA continued to sell, with steady activity following three consecutive 25-basis-point interest rate cuts by the Bank of Canada—the first time this has happened since the 2009 financial crisis. While analysts anticipated a more robust second half of the year, there is still optimism for a positive shift in the market in the coming months despite September’s more moderate performance.

“The annual improvement in September home sales was more than matched by the increase in new listings over the same...

The Best Neighborhoods for Trick-or-Treating in Toronto

Halloween is just around the corner, and one of the best ways to celebrate is by finding the perfect neighbourhood for trick-or-treating. If you’re new to Toronto or looking for the best spots to take the kids, some neighbourhoods stand out for their festive spirit, community engagement, and safe streets. Whether you're a parent searching for the best candy haul or a prospective homebuyer looking for family-friendly areas, here’s a list of Toronto's top neighbourhoods for trick-or-treating!

1. Leaside

Leaside is often considered one...

Scarborough Village: The Untold Story of Toronto’s Charm

Nestled along the eastern edge of Toronto, Scarborough Village offers a unique blend of urban convenience and natural beauty. Often overlooked, this charming neighborhood boasts a strong sense of community, rich history, and an abundance of green spaces, making it an ideal place for families, young professionals, and anyone looking for a quieter, more relaxed pace of life.

A Rich Historical Backdrop

Scarborough Village is one of Toronto’s oldest neighborhoods, with roots tracing back to the 1800s. Its historical charm is still...

Exploring the Niagara Neighbourhood in Toronto: A Hidden Gem of the City

Tucked away between King Street West and Fort York, Niagara is one of Toronto's most dynamic and evolving neighbourhoods. Often overshadowed by its more famous neighbours, Niagara offers a unique blend of urban convenience, historic charm, and modern living. For those seeking a vibrant community with a distinctive character, Niagara might just be the hidden gem you've been searching for.

A Neighbourhood Steeped in History

Niagara’s roots run deep into Toronto’s past. Once a military base and key transportation hub,...

Essential Fall Home Maintenance Tips for Homeowners

As the vibrant colors of fall take over, it's the perfect time for homeowners to prepare their homes for the colder months ahead. Tackling maintenance tasks now can save you from costly repairs later. Here are five essential tips to consider this fall:

1. Inspect and Clean Gutters

Falling leaves may look beautiful, but they can clog gutters and cause water damage to your roof and foundation. Clean out your gutters and downspouts to ensure proper drainage. Consider installing gutter guards to reduce debris buildup.

2. Check Your Roof

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The Greater Toronto Area (GTA) housing market concluded the summer with higher inventory and lower sales compared to the previous year. In August, the average home sold for $1,074,425, reflecting a slight annual decrease of less than 1%. Active
listings remain elevated, with 22,653 homes on the market—a 51% increase abovevthe 10-year monthly average. Sales activity over the summer was sluggish, and August continued this trend, recording 4,975 sales, a 36% decline from the 10-year monthly average.

“The Bank of Canada’s rate cut announced on September 4 will lead to a further improvement in...

Buyer Activity Increases Amidst Greater Inventory

The Greater Toronto Area real estate market saw a rise in buyer activity in July 2024, with sales increasing compared to the same period last year. Despite this uptick, buyers continue to benefit from a well-supplied market, as new listings outpaced sales growth, providing more choices and slightly easing price pressures.

In July 2024, 5,391 home sales were reported, marking a 3.3 per cent increase from July 2023. New listings rose by 18.5 per cent year-over-year to 16,296, offering buyers a broader selection of properties. Despite the...

Unveiling High Park-Swansea: Toronto’s Urban Oasis

Nestled in the heart of Toronto, the High Park-Swansea neighborhood offers a perfect blend of urban convenience and natural beauty. Known for its historic charm, lush green spaces, and vibrant community, this area is a hidden gem waiting to be explored. Here’s a closer look at what makes High Park-Swansea a unique and desirable place to live and visit.

1. High Park: The Crown Jewel

At the heart of the neighbourhood lies High Park, Toronto’s largest public park, spanning 400 acres. This urban oasis is a haven for nature lovers, offering...

Embracing Autumn: 5 Essential Tips for the Upcoming Fall Season
As the leaves start to change and a crisp chill fills the air, it's time to embrace the beauty and coziness of the fall season. Here are five essential tips to make the most out of this enchanting time of year.

1. Layer Up for Comfort and Style

Fall weather can be unpredictable, with chilly mornings and warmer afternoons. Embrace the art of layering to stay comfortable throughout the day. Start with a lightweight base layer, add a cozy sweater, and top it off with a stylish jacket or coat. Don’t forget accessories like...

After four years of elevating borrowing costs, interest rates finally dropped in June, leading to buyer optimism. However, as the June data indicates, this has not yet translated into increased sales. Sales fell to 6,213, marking a 16 per cent decline compared to the same period last year. Despite this, there are reasons for optimism for both buyers and homeowners.

For buyers, the good news is that not only have interest rates begun their descent, inventory has increased and prices remain stable. The average home in the GTA now sells for $1,162,167, essentially unchanged compared to last...