Global trade tensions, especially from the U.S., are creating uncertainty and making it hard to predict economic growth and inflation.
Next rate announcement: June 4, 2025
Global trade tensions, especially from the U.S., are creating uncertainty and making it hard to predict economic growth and inflation.
Next rate announcement: June 4, 2025
If you own a house or a condo in the City of Toronto you need to declare if it was occupied or vacant in 2024.
Declaration deadline is April 30th, 2025.
“Homeownership has become more affordable over the past 12 months, and we expect further rate cuts this spring. Buyers will also benefit from increased choice, giving them greater negotiating power. Once consumers feel confident in the economy and their job security, home buying activity should improve,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule.
In March:
- The Average Selling Price for all types of property was $1,093,254, slightly up from February. Prices trending up for the Spring Market.
- The Total Sales for the GTA was 5,011, up by 24% from February.
- There are more Active Listings (23,462) than at this time last year (12,459).
In spite of economic uncertainty and the effects of trade issues in the media, the engine of home sales is running. And the Spring market is favouring the buyer at the moment.
....revolves around the power of referrals. It's not just about business; it's about fostering genuine connections and relationships that extend far beyond the real estate. We firmly believe in the ripple effect of positivity that happens when trust and respect forms the foundation of our business.
Are you interested in working with a highly experienced team whose primary focus is your success in real estate?
CarronSkogland Real Estate, with their support team, are dedicated to having your experience around selling your home or finding the perfect property go smoothly with a sense of confidence. With 25plus years of experience in the Greater Toronto Area, you can count on the CarronSkogland Team to give you good, practical and profitable guidance.
“We want to be your resource before, during and after you buy or sell a property, Your Forever Real Estate Team!”
We are proud to support The Maestro Foundation.
The mandate of The Maestro Foundation for Music & Arts Advancement is to support the learning experience of economically challenged children and youth at risk.
Through the Maestro Foundation, kids from our inner city neighbourhoods can take music lessons throughout the school year in a number of programs, attend music camps during school breaks and in the summer and further their music education at the advanced level through a Maestro Foundation scholarship.
If you want to find out more about The Maestro Foundation, click on the ‘For More Information’ button.