The Michel Group

The Michel Group Real Estate Broker
Chief Organizing Officer

08/12/2025

GTA Real Estate: Recovery Signs Amid High Supply

Mid-2025’s momentum carried into July—sales are up, inventory remains high, and affordability is quietly improving across the Greater Toronto Area.

🏡 30,215 active listings in July
⬆️ 26% above last year, near record highs despite a dip from June’s peak of 31,600
🏷️ Average price: $1,051,719
📉 Prices fell 4.5% from June and 5.5% year-over-year
📈 6,100 sales — strongest July since 2021, up 10.9% YoY

With wages rising faster than the long-term norm and home prices easing, buyers are entering an affordability window not seen since the mid-90s. Industry leaders note that lower prices and borrowing costs are already translating into more successful purchases.

📊 For those ready to act, this could be remembered as a rare moment of buyer advantage.

Full market stats available via through the link:https://ebook.jdmarketing.ca/link/595719/

07/11/2025

GTA Real Estate: Best Buyer Conditions in Years?

Midway through 2025, the story is clear—inventory is up, prices are steady, and buyers have more leverage than they’ve seen in over a decade.

🏡 31,603 active listings in June
⬆️ 86% above the 10-year average
🏷️ Average price: $1,101,691
📉 Prices dipped 1.7% from May
📈 Sales up slightly YoY for the first time in 6 months

Detached homes averaged $1.39M with 14,143 listings—66% above the norm. Negotiation power? It’s shifting.

📊 With lower borrowing costs than last year and increased choice, homeownership is starting to feel within reach again for many.

As always, you can read the full market stats released by through the link
https://ebook.jdmarketing.ca/link/846760/

06/20/2025

Condo Convenience Meets Townhouse Charm in Trinity Bellwoods!
Step into this stylish 3-bedroom townhome with direct street access—like a house, but with condo perks. The open-concept layout offers space to live and work, while the renovated kitchen and private terrace make entertaining a dream. 🌿✨

Tucked on a quiet, tree-lined street just blocks from Queen West, Ossington, and Liberty Village, this home brings the best of the city to your doorstep.

Perfect for professionals, couples, or families who want it all.

06/16/2025

Step into this stylish 3-bedroom townhome with direct street access—like a house, but with condo perks. The open-concept layout offers space to live and work, while the renovated kitchen and private terrace make entertaining a dream. 🌿✨

Tucked on a quiet, tree-lined street just blocks from Queen West, Ossington, and Liberty Village, this home brings the best of the city to your doorstep.

Perfect for professionals, couples, or families who want it all.

06/11/2025

GTA Market Update: Supply Hits Historic Levels

For the first time ever, active listings across the GTA surpassed 30,000 last month—marking a major shift toward a more balanced market.

✅ 30,964 active listings in May
✅ +42% YoY increase in supply
✅ Average GTA sale price up 1% MoM to $1,120,879

While inventory is at record highs, buyers are taking their time. Many remain cautious amid economic uncertainty—creating a more favourable environment for negotiation.

🏡 Condo supply: Record-high 10,523 listings
Detached home prices: $1,425,264
Townhomes: Dipped below $1M
Semi-detached homes: $1,098,447

📌 New federal incentives for first-time buyers may spark activity in the new construction market—but the broader resale market remains steady and buyer-favouring.

If you’ve been waiting for the right time to enter the market or move up—this summer could offer one of the best windows in years.
As always, you can read the full market stats released by through the link
https://ebook.jdmarketing.ca/link/549220/2/

06/06/2025

Bright & Stylish Living in Davisville
Step into Suite 206 at 35 Merton Street—a stunning 2-bed, 2-bath condo blends comfort, luxury, and unbeatable Midtown Toronto convenience.

☀️Sun-soaked corner suite with custom electric blinds, California-style shutters, and gorgeous light fixtures
🍳 Stunning renovated kitchen with breakfast bar, custom cupboards with pullouts & window seat with storage
🛏️ Spacious layout with primary ensuite & in-suite laundry
🧺 Custom-built-ins in every closet
🌿 Walk-outs from kitchen & living room to your private balcony—both with Phantom Screens

Enjoy a well-managed building with thoughtful amenities: gym, party room, courtyard with barbecue & visitor parking.

Steps from the Beltline Trail, Mount Pleasant Cemetery, TTC, shops & restaurants
A rare gem in a vibrant, walkable neighbourhood. Don’t wait—this suite is truly special!

📢 Rate Update: Held Steady at 2.75%The Bank of Canada has chosen to maintain its key interest rate at 2.75%.With inflati...
06/06/2025

📢 Rate Update: Held Steady at 2.75%

The Bank of Canada has chosen to maintain its key interest rate at 2.75%.
With inflation easing, modest economic growth, and ongoing trade uncertainty, the Bank is taking a wait-and-see approach.

🗓️ Next announcement: July 30, 2025

What does this mean for your mortgage, buying plans, or real estate investment? Let’s talk.

06/03/2025

New Listing in Prestigious Hoggs Hollow!
Step into timeless elegance with this 4+1 bed, 5-bath family home in one of Toronto’s most sought-after neighbourhoods. With grand principal rooms, a chef’s kitchen, walk-out basement with wet bar, and lush backyard, this home is built for comfort, entertaining, and modern family life.
📍 Just steps from transit, top schools, golf, and more.
Please DM me for more information.
Call me today to set up a showing ☎ 416-489-2121



The Ultimate Checklist for First-Time Home BuyersHouse hunting for the first time? Stay organized, stay confident, and a...
05/28/2025

The Ultimate Checklist for First-Time Home Buyers
House hunting for the first time? Stay organized, stay confident, and avoid surprises with this step-by-step guide.

From pre-approval to closing day, this checklist covers what you need to do, ask, and budget for—so you can focus on finding the right home (not the paperwork stress).

Save this post, it’s your new homebuying roadmap!

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Toronto, ON

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 2pm

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+14166716163

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