I hope winter is treating you as well as can be expected.  I can't believe it is March already, we are only a few weeks away from the end of the first quarter of the year!   An interesting update on the housing market as home prices have dropped over last year's record peak in February 2022. The drop in prices is assisting in mitigating the cost of higher mortgage rates and borrowing costs.   The average sale price in February was... [read more]

Fall has officially begun, I can't believe the leaves on the trees are already changing.  With the change in season, there have been some changes to the Greater Toronto Area's residential real estate market.  The most dramatic changes have occurred to the volume of sales, there have been 44% fewer trades this September compared to last September.  However, the average price of all home types is only down 4% compared to the same time period.  Prices have begun to... [read more]