Steve Moran Homes

Steve Moran Homes Welcome to Steve Moran Homes - a hub for conversation about real estate news and ideas. Like our page and connect with others.

Recently expanded our business in Jamaica.

05/12/2026

πŸ“Š GTA Home Sales Rise in April 2026

The Toronto housing market is showing signs of improvement as home sales increased 7% year-over-year while new listings declined by more than 9%, tightening market conditions across the GTA. 🏑

Buyers are taking advantage of lower prices, improved affordability, and strong negotiating power β€” especially in the condo market. While sales remain below historical averages, growing demand could lead to price stabilization later in 2026.

πŸ“ˆ If market tightening continues, competition among buyers may increase heading into 2027.

04/15/2026

πŸ“Š GTA Housing Market Update – March 2026

Home sales are rising while new listings are declining β€” a sign the Toronto housing market is tightening. 🏑
πŸ’° The average price sits at $1.017M, down 6.7% year-over-year, giving buyers strong negotiating power for now.
πŸ“ˆ With improving affordability and growing confidence, the market could see price stabilization later in 2026.

πŸ‘‰ Stay updated on the latest GTA real estate trends.

03/08/2026

Greater Toronto Area home sales and new listings both declined in February.

02/06/2026

Toronto Home Prices Fall Below $1 Million | 2026 Market Update

For the first time in five years, Toronto-area home prices have dipped below $1 million, marking a major shift in the GTA housing market.

The average selling price in January 2026 was $973,000, down 6.5% from last year and 27% from the February 2022 peak. At the same time, home sales dropped 19.3% year-over-year, reflecting cautious buyer sentiment amid economic uncertainty.
According to the Toronto Real Estate Board’s 2026 Market Outlook, improved affordability and elevated listings are giving buyers more negotiating power, especially in the first half of the year. While strong supply should keep price growth modest, sales activity is expected to improve in the second half of 2026 as consumer confidence strengthens.
If you’re considering buying, selling, or investing in Toronto real estate, understanding these market shifts is more important than ever.

The Bank of Canada announced it will hold the policy rate at 2.25%. The decision reflects easing inflation and a cautiou...
01/29/2026

The Bank of Canada announced it will hold the policy rate at 2.25%. The decision reflects easing inflation and a cautious outlook for economic growth. Read the full update: https://rem.ax/BOCAnnJan

01/09/2026

Annual Greater Toronto Area home sales plunged in 2025 to the lowest level since 2000 as economic uncertainty weighs on consumer confidence.

In line with expectations, the Bank of Canada has decided to hold its overnight lending rate steady, citing an enhanced ...
12/10/2025

In line with expectations, the Bank of Canada has decided to hold its overnight lending rate steady, citing an enhanced economic forecast.

12/05/2025

πŸ“Š November 2025 GTA Market Watch Report | Toronto Real Estate Update

The Toronto housing market saw another challenging month in November, with home sales down 15.8% year-over-year and prices declining for the 10th straight month. The average selling price dropped 6.4% to $1.03M, giving buyers more negotiating power as listings continue to rise.

Despite the slowdown, recent economic and employment reports were stronger than expected, offering signs of stability as we move toward 2026. If this positive momentum continues, consumer confidence may grow, bringing more buyers back into the GTA real estate market.

✨ Key Highlights:
β€’ GTA home sales & price trends for November 2025
β€’ Why many buyers are still waiting
β€’ Impact of economic momentum & interest rate changes
β€’ Detached vs. condo market performance
β€’ REMAX 2026 housing outlook
β€’ What buyers & sellers can expect next year

With more listings, price adjustments, and easing mortgage rates, market conditions are improving for buyers, although affordability remains a challenge for many first-time buyers.

Thank you for your amazing support throughout 2025. Wishing you a warm, restful holiday season with your loved ones. πŸŽ„βœ¨

How to Choose the Best Neighbourhood to Buy a Home. From the home's surroundings to its community, discover how to choos...
11/10/2025

How to Choose the Best Neighbourhood to Buy a Home. From the home's surroundings to its community, discover how to choose a neighbourhood that fits your lifestyle - and your future: https://tinyurl.com/426z62tz

11/07/2025

Welcome to SteveMoranHomes - a hub for conversation about real estate news and ideas. Like our page and connect with others.

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