05/06/2025
๐ : GTA home sales rose month-over-month but remained 23.3% below April 2024 as many buyers wait for lower rates and economic clarity. ๐ก๐
๐ New listings jumped 8.1% year-over-year to 18,836, offering buyers more choice and negotiating power. With inventory high and affordability improving, the average price dipped 4.1% to $1,107,463. ๐ฐ๐
๐ Post-election, buyer confidence is tied to Canadaโs evolving trade relationship with the U.S. A positive shift could spark stronger activity in the months ahead. ๐จ๐ฆ๐ค๐บ๐ธ
๐ Softer prices and falling borrowing costs are making monthly payments more manageableโcreating solid opportunities for buyers across the GTA. ๐ ๐ธ