The Bank of Canada has opted to keep its key interest rate at 2.75%, maintaining a cautious approach to the country’s economic recovery. After seven consecutive rate cuts, many anticipated another reduction, but stronger-than-expected GDP growth shifted the outlook. So, what does this mean for the real estate market in the Greater Toronto Area (GTA)? Let’s break it down. A Steady Rate Amid Economic Resilience Canada’s first-quarter 2025 GDP report exceeded... [read more]

The GTA housing market is shifting in favour of buyers. Home sales dropped 23.1% year-over-year, while new listings surged 28.6%, creating more choices and stronger negotiating power for buyers. Average prices dipped 2.5% to $1.09M, with properties taking longer to sell. March was a wake-up call. Sales dropped. Listings surged. And prices? They’re slipping just enough to raise eyebrows- and opportunities. If you’re buying or selling real estate in the Greater Toronto Area (GTA),... [read more]