We’re seeing early signs of a market rebound across the GTA. Lower average prices and softer borrowing costs compared to last year have made homeownership feel more within reach. But confidence? That’s still the missing ingredient.
Many buyers remain on the sidelines - watching, waiting - cautious in the face of economic uncertainty.
That said, savvy buyers are stepping in. With more listings available, they’re negotiating better deals and taking advantage of increased choice.
- Home sales dipped 2.4% year-over-year.
- New listings jumped 7.7%
- Average price: $1,101,691 (down 5.4% year-over-year)
The market is moving—but slowly. Momentum is real, but fragile. With more clarity on the economy, we could see a stronger second half of the year.