Rosenberg Homes

07/20/2026

The June 2026 Market Stats are in.
(Better late than never!)

Toronto real estate market conditions continue to improve month by month with the number of sales increasing and listing inventory shrinking. It could be that we are on our way to what looks like some semblance of a recovery. Sales posted by the Toronto Regional Real Estate Board (TRREB) show a fourth consecutive month of year-over-year gains while new listings have declined for a fifth consecutive month. Growing demand is meeting a decreasing supply.
6770 homes were sold in June, representing an increase of 9.4% compared to June 2025, while new listings dropped 12.9%. Not an insignificant number, but when you consider that there are 12,329 active listings currently on the market, there is still plenty of inventory from which buyers can choose. However, we are teetering on becoming a seller's market as the inventory in June was at just over 4 months.
It took nearly one month on average to sell a property in June, so sellers have to price their product correctly and also manage expectations for a speedy sale.
Of note, the average sale price for a detached home stayed steady; semi-detached homes sold for 5% above list price and sold in just 17 days on market; condo sales were up over 14% but took 37 days to sell.
Borrowing costs are lower than last year and with the Bank Of Canada holding rates at 2.25% for a fifth consecutive meeting, market activity should stay buoyant. Yet, affordability is still a concern for many of us as inflation for May was at 3.23%, well above the 2% target. Most of that was due to the energy sector but food prices are also increasing at a concerning rate.
If you are planning on listing a property in the Fall, consider that now is the time to start planning. There is much to do to prepare for a sale with decluttering and removal of personal items, completing minor/major repairs, deep cleaning, painting/patching, enhancing curb appeal, staging, and strategizing. These things do not happen overnight!
If buying and selling real estate is a plan of yours, or if you simply want a professional opinion of what is currently happening in your neighbourhood, please don’t hesitate to contact me. It's always a great time to get educated. If you know someone who would benefit from speaking with me, I would truly appreciate your referral!

Have a great July and enjoy the sunshine!!

06/15/2026

The May 2026 Market Stats are in.

Sales increased year-over-year (6.3%), while new listings declined (-18.9%) over the same period, resulting in a tightening of the Toronto Real Estate Market in May 2026. If things continue along these lines, we could see increased competition between buyers with prices ultimately trending upwards in the months ahead. Home sales were up over 10% from April 2026 proving again that the Spring market is the time when more activity tends to occur.
With the average sale price remaining flat (-4.6%), and with last week's Bank Of Canada announcement to continue holding the Policy Rate at 2.25%, buyers are still seeing opportunity in the market. This was the fifth consecutive meeting where the BoC held the rate at this level. The conflict in Middle East (is it over?), with resulting increases in energy prices and disruptions in global supply chains, weighed on global economic growth and pushed up inflation in Canada (reaching 2.8% in April).
It's taking just three weeks, on average, to sell a detached home in Toronto. It's taking less than that (17 days) to sell a semi. If you have been thinking about selling, this could be a good time to consider a meeting to see what your property is worth and how best to position yourself in the current market.
If you know of someone thinking of buying or selling, please let them know about me, I appreciate your referrals! If buying and/or selling real estate is a plan of yours in the coming days, or if you simply want a professional opinion of what is currently happening in your neighbourhood, please don’t hesitate to reach out. Now is a great time to get educated.
Have a great June, and a wonderful beginning to your Summer season!!

05/14/2026

LEASED!!
185 Alberta Avenue 902.
Represented the buyer.

2 bed, 2 bath condo in Oakwood Village.


Get in touch to talk about your situation.

05/14/2026

LEASED!!
20 Mooreshead Avenue.
Represented the seller.

Full home in Etobicoke West Mall.
Leased in just one week on the market!!


Get in touch to talk about your situation.

05/14/2026

SOLD!!
260 Heath Street West 404.
Represented the seller.

2 bed, 2 bath condo in Forest Hill South.
Sold in 20 days on the market, 17 days less than the average!!


Get in touch to talk about your situation.

05/14/2026

The April 2026 Market Stats are in.

True to form, the Toronto real estate market remains resilient! The Toronto Real Estate Board reported an average selling price in April of $1,051,969, down -4.9% from this time last year. However, since April 2020, when the average selling price was $821,392, this number represents an increase in value of 28.1%!
Yes, the March CPI representing inflation was up 2.4%, and we are all feeling the pinch when it comes to energy and grocery prices, but the relatively constant negative news we hear about the Toronto real estate market is not as bad as is being reported and perceived. In fact, with condo starts at a 35-year low in 2026, that sector might be turning a corner where inventory will become more limited in the coming years. As of April 2026, the Toronto housing market has approximately 4.2-4.9 months of inventory, indicating a more balanced market that is starting to tighten compared to earlier this year. Consequently, affordability could again become more the leading topic of conversation (if it hasn't always been).
Sales were up 7% year-over-year, while new listings were down -9.3%. And, it's taking less days to sell a property than it did in months previous. With the most recent interest rate announcement on April 29, where the Bank Of Canada kept the Policy Interest Rate at 2.25% for a fourth consecutive meeting, the market is continuing to offer significant choice to eligible buyers. All this to say, the market is currently trending in a more balanced manner than it has been.
Is now the time to emerge from the sidelines and start looking to buy your dream home? If you have been thinking about it, it's at the very least time to consult your mortgage professional to see where you stand on the affordability scale. It's time to know what you can afford. Once you know, it'll be easier for you to plan for the days ahead.
If buying and/or selling real estate is a plan of yours this year, or if you simply want a professional opinion of what is currently happening in your neighbourhood, please don’t hesitate to reach out. Now is a great time to get educated and I am here to help. And, if you know anyone who would benefit from speaking with me, I would truly appreciate your referral!

Have a great May, and all the best for a wonderful Spring season!!

04/30/2026

https://www.bankofcanada.ca/2026/04/fad-press-release-2026-04-29/

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

03/27/2026

https://news.ontario.ca/en/release/1007212/ontario-expanding-hst-rebate-to-lower-the-cost-of-new-homes-in-partnership-with-the-federal-government

Ontario Expanding HST Rebate to Lower the Cost of New Homes in Partnership with the Federal Government | Ontario Newsroom

03/26/2026

JUST LISTED!!
260 Heath Street West, Unit 404
$979,000
Welcome to The Village Terraces at 260 Heath Street West! Step into the timeless elegance of Forest Hill with this rare opportunity - a spacious 2-bed, 2-bath, 1240 square foot suite brimming with potential. Set within one of Toronto's most prestigious and established neighbourhoods, suite 404 offers a generous layout that's increasingly hard to find. Large living and dining areas provide a perfect canvas to create a modern space tailored to your tastes. Large windows throughout invite in nurturing natural light while a functional floor plan ensures both comfort and privacy. Suite 404 presents a unique chance to customize every detail; whether you're dreaming of a sleek contemporary kitchen or elevated finishes throughout, the possibilities are endless.
While suite 404 could benefit from updating and modernization, it is move-in ready as is! The living/dining rooms offer floor-to-ceiling windows with a walk-out to a 115 square foot balcony, great for your morning coffee moment or a relaxing summer evening meal. Or enjoy your time in the eat-in kitchen. The outdoor pool is a summer's delight, and invite your loved ones to dine in the private, treed, outdoor BBQ area.
Includes tons of visitor parking, and a basement laundry room for oversized loads! All utilities are included in the maintenance fee! Well-managed by the board, managers, and 24-hour security team, you can be confident that you're living in a safe and secure community environment.
Located just steps from the shops and cafes of Forest Hill Village, top-rated schools, Cedarvale Ravine & Park, and the TTC's St. Clair W subway station, the lifestyle here is second to none. Enjoy the charm, exclusivity, and community feel that make Forest Hill South one of Toronto's most coveted addresses.
Whether you're a first-time buyer, a down-sizer ready for your next home, or an investor looking to add value in a prime location, this is an opportunity not to be missed!

Offers welcome at any time!
Reach out anytime with inquiries!

03/18/2026

https://www.bankofcanada.ca/2026/03/fad-press-release-2026-03-18/

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.