Oksana Kohanova Realtor

03/01/2026

02/12/2026

12/22/2025

11/14/2025

07/01/2025

06/13/2025

The condo market is expected to continue experiencing the weakest conditions this year as completions remain at a record high.

As a result, average condo prices have declined 6.4% year-over-year to $683,413, with a 12% drop since 2022, bringing prices to their lowest May level since 2021.

However, with presale activity and construction starts falling to multi-decade lows, completions will begin to pull back later next year and provide support for the market.

Follow for expert insights and data-backed updates on the GTA condo market.

This could be a strategic window to enter the condo market. Reach out for tailored advice based on today’s data.

06/04/2025

Interest Rate Update: June 4, 2025

The Bank of Canada has held its key interest rate at 2.75%, marking a continued pause as it monitors inflation and economic conditions.

Slowing headline inflation, strong Q1 growth, and early signs of consumer pullback all factored into today’s decision.

While the rate holds steady for now, the door remains open for a potential cut if inflation continues to ease.

For buyers and sellers, this stability preserves buyers affordability heading into the summer market—an ideal time to assess opportunities and plan strategically.

Stay tuned for future market updates and reach out for guidance in today’s market!

Next rate announcement: July 30, 2025

05/31/2025