March gave us a bit of a shift in the GTA market, a welcome one. Sales ticked up compared to last month and last year, while new listings declined. That combination is starting to tighten things up. Prices, however, are still sitting below where they were this time last year. That’s been the quiet opportunity. Buyers have had room to negotiate and take advantage of improved affordability heading into spring.
In simple terms, more buyers are stepping back in, inventory isn’t keeping up with demand, and the balance is beginning to shift. For now, it’s a market with opportunity, but one that’s starting to find its footing again.
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