06/20/2026
The biggest story in real estate right now isn't that the Bank of Canada held rates at 2.25%.
Everyone expected that.
The bigger story is what has happened underneath the headlines.
Since January:
• GTA home sales have increased every month
• Inventory has been shrinking
• Days on market have fallen by more than 50%
• Buyers are paying closer to asking price
• Unemployment is improving
• Core inflation is back near 2%
Yet most headlines still focus on year-over-year price declines.
Markets don't recover all at once.
They recover in stages.
First rates stabilize.
Then buyers return.
Then inventory tightens.
Then prices stabilize.
Then confidence catches up.
We're already well into that process.
The question isn't whether the market is the same as 2021.
It's not.
The question is whether the conditions today are stronger than they were six months ago.
The data says yes.
What do you think happens next: more balance, or stronger competition heading into the second half of 2026?
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