Karl Abuwalla, Real Estate Broker

06/05/2026

While the GTA real estate market began to transition into its traditionally slower summer season in May 2026, buyer activity remained strong.

Sales increased compared to last year as improved affordability, supported by lower home prices and borrowing costs, continued to attract purchasers to the market.

With over 6,500 sales last month, an increase of 6% compared to May 2025, we saw a 19% reduction in new listings — indicating a substantial tightening of the overall market. 

Even after adjusting for normal seasonal patterns, GTA home sales increased by 10% in May compared to April, signalling a substantial shift just in the last few weeks. The average home price across the region is now approximately $1.069 million.

To add to this strong performance, sales are forecasted to continue this upward trend as we move through the second half of this year. 

While economic uncertainty is making headlines, savvy observers can remain optimistic, as the central bank may steer away from interest rate hikes in the near future if additional economic stimulus is needed.

On the trade front, the easing of geopolitical tensions and overall global uncertainty will only further bolster the recovery. 

Over the past year, inventory levels have gradually declined, but buyers continue to benefit from plenty of available properties, supporting both affordability and negotiating power. If this trend continues, it could place upward pressure on home prices in the months ahead.

WHAT HAPPENED LAST MONTH IN THE GTA:

• Greater Toronto Area REALTORS reported 6,583 home sales; an increase of 6.3% compared to May 2025.

• There were 17,698 new listings in the GTA; a decrease of 18.9% compared to May 2025.

• The average selling price for all home types reportedly decreased by 4.6% compared to May 2025.

• The average condo apt price decreased by 6.4% compared to May 2025.

NEXT MONTH, WE’LL SEE IF THIS UPWARD TREND CONTINUES INTO THE USUALLY SLOWER SUMMER MONTHS. 

Read more in our May 2026 Market Update blog post - live on our website 📲  

(Link in Bio)

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🔑 Karl Abuwalla, Broker, ABR, SRS
📍 Re/Max Real Estate Centre
📲 647-883-0874
💻 karl@thegoldf

06/04/2026

06/03/2026

🚨 JUST LISTED!
🏡 39 Kay Cres., Guelph
🛏 3+2 Beds
🛁 5 Bath
🚗 4 parking
💰 $999,999

🏡 Luxury living meets nature in this stunning sun-filled Bungaloft backing directly onto Dallan Park in the highly sought-after Pineridge/Westminster Woods community of South Guelph.

✨ Highlights include:
✔️ Over 4,066 sq. ft. of finished living space
✔️ Premium park-side setting with private backyard views
✔️ Main-floor primary retreat with spa-inspired ensuite
✔️ Open loft includes a guest suite with sitting area, walk-in closet, semi-ensuite bath, and built-in linen storage
✔️ Gourmet kitchen with granite island & walk-in pantry
✔️ Soaring ceilings, expansive windows & elegant finishes throughout
✔️ Builder-finished basement with recreation room, study & future expansion potential
✔️ Extensively upgraded with fresh paint, designer chandeliers, updated flooring, backsplash, doors, and more
✔️ Snow removal included

Thoughtfully designed for families and multi-generational living, this exceptional home offers the perfect blend of luxury, comfort, and functionality in one of Guelph’s most desirable neighbourhoods.

CHECK OUT THE 3D VIRTUAL TOUR! — Link in Bio

Don’t miss your chance to own this exceptional home. Schedule your viewing today!
We have you covered. 🔑 

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🔑 Karl Abuwalla, Broker, ABR, SRS
📍 Re/Max Real Estate Centre
📲 647-883-0874
💻 [email protected]

06/02/2026

☀️ Your June Homeowner’s Golden Guide has a few tips to freshen up your home for the hot summer months ahead!

🔸Brace🔸

▪️ Inspect exterior siding and trim for early signs of rot or insect activity.

▪️Make sure your gutters and downspouts are securely fastened to handle any summer storms.

🔸Replace

▪️ Swap out worn grill tools or heat-damaged utensils before barbecue season kicks into high gear.

▪️ Replace faded outdoor rugs or doormats with durable, weather-resistant options.

🔸Reduce🔸

▪️ Set up a soaker hose or drip irrigation system to reduce water waste while keeping plants watered efficiently.

▪️ Keep blinds and curtains closed during the hottest part of the day to keep things cool.

🔸Spruce🔸

▪️ Add string lights, solar lanterns, or decorative stakes to create a warm, welcoming evening ambiance.

June welcomes the true start of outdoor living—days filled with bright light, warm evenings, and endless opportunities to enjoy your yard, patio, and garden. It’s an ideal month to give your outdoor spaces a little attention so you can make the most of the summer ahead.

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🔑 Karl Abuwalla, Broker, ABR, SRS
📍 Re/Max Real Estate Centre
📲 647-883-0874
💻 [email protected]

05/27/2026

🚨Feature Project🚨
🏠 Kindred by Daniels
📍 Mississauga, ON

🌟 UNITS FROM THE 300s WITH HST REBATE

WELCOME TO KINDRED CONDOMINIUMS — CONNECTED LIVING IN THE HEART OF ERIN MILLS.

Kindred Condominiums brings contemporary urban living to the established Daniels Erin Mills master-planned community in Mississauga.

Rising 25 storeys, Kindred offers thoughtfully designed suites ranging from studios to spacious two-bedroom plus den layouts, featuring modern interiors, stylish finishes, and exceptional lifestyle amenities.

Located at Eglinton Avenue West & Erin Mills Parkway, Kindred places you steps from shopping, transit, parks, schools, and major highways in one of Mississauga’s most desirable communities.

Now is your opportunity to be part of this exciting new condominium community in the heart of Erin Mills.

⭐ REASONS TO BUY ⭐

PRIME LOCATION
Just steps from Erin Mills Town Centre, Credit Valley Hospital, parks, schools, and everyday essentials. Easy access to Highway 403, GO Transit, and MiWay transit.
 
AMENITIES & LIFESTYLE
Co-working zone, fitness centre, yoga studio, games room, concierge service, outdoor terraces, pet wash, lounge spaces, and stylish entertainment areas designed for both relaxation and productivity.
 
ACCESSIBILITY & INCLUSIVITY
Accessible suite options through Daniels’ Accessibility Designed Program (ADP) with enhanced mobility features.
 
SHOPPING, DINING & ENTERTAINMENT
Live minutes from Erin Mills Town Centre, Square One Shopping Centre, restaurants, cafés, entertainment venues, trails, parks, and cultural attractions — a perfect balance of urban convenience and natural surroundings.
 

⭐ INCENTIVES ⭐

• ALL UNITS QUALIFY FOR THE NEW HST REBATE

• ONE FREE PARKING SPOT FOR ALL 1 BED, 1+DEN, AND 2 BED UNITS

• $0 DEVELOPMENT FEES

When you purchase through us you’ll receive these exclusive benefits:

🔑 Free Lawyer Review: No Hidden Caveats
🔑 Free Leasing Services: First Tenant Covered!
🔑 Free Property Management: First Year Covered!

Learn more in bio 🌐

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🔑 Karl Abuwalla, Broker, ABR, SRS
📍 Re/Max Real Estate Centre
📲 647-883-0874
💻 [email protected]

05/21/2026

🔐  SOLD!
📍  7900 Bathurst Street, Unit 228, Vaughan 

Another success story! 🎉

Sold firm in just 18 days when the average for a Condo in today’s market is more than 40 days on market (DOM). 

That’s the difference the right strategy can make — results even when the odds are stacked against you! 

Congratulations to our seller for selling their home in the blink of an eye. On to bigger and better things! 🚀 🔐

Are you thinking of making a move in today’s market? We have you covered. 🔑

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🔑 Karl Abuwalla, Broker, ABR, SRS
📍 Re/Max Real Estate Centre
📲 647-883-0874
💻 [email protected]

05/13/2026

05/13/2026

05/10/2026

Happy Mother’s Day from the Goldfellas Group!

🌷🌼💐🌸🌹🌻🌺

Today we’re celebrating all the amazing moms and mother figures who make our homes and communities so special.
Thank you for everything you do — today and every day.
Wishing you a day filled with love, laughter, and well-deserved appreciation.

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🔑 Karl Abuwalla, Broker, ABR, SRS
📍 Re/Max Real Estate Centre
📲 647-883-0874
💻 [email protected]