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Typically, back-to-school signals back-to-market. This September, activity is expected to pick up a little more slowly, reflecting the quieter-than-usual August as many people in the city truly stepped away. The fall market should really begin to take shape the week of September 15th, once routines settle and momentum returns. What we don’t expect: fireworks. What we do expect: a gradual, healthier pace as fewer new listings meet steady seasonal demand and existing inventory is absorbed. In other words, no dramatic shifts on the horizon.

What the Numbers Say

TRREB reported that sales were up modestly year-over-year, while new listings rose even more – meaning buyers continued to enjoy choice and negotiating room. Average prices edged…

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It’s August in Toronto – a time when sandals replace stilettos, out-of-office replies are abundant, and the city collectively hits pause (ideally dockside or poolside). But even in the dog days of summer, the real estate market quietly continues to hum along – albeit at a more relaxed pace.

This month, we’re seeing a continued theme: activity is happening, but it’s measured. Some buyers are moving forward, but largely when they feel they’re getting a “deal.” Well-positioned listings are still selling – but often with longer timelines and more negotiation than we’ve seen in previous summers. The market is not stalled – but it continues to shift, gradually but perceptibly.

Prices across the GTA are down year-over-year according to the latest…

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We’ve officially hit the halfway point of the year – and while the real estate story hasn’t followed a classic arc, we’re starting to see some meaningful plot twists.

As a team, we’ve been putting together more deals in recent weeks – but there’s no question it takes more effort, more collaboration, and more strategy than ever. Interestingly, we’ve also seen more movement in the luxury market than we have in quite some time. 

In other news, the Toronto Regional Real Estate Board (TRREB) just released its May numbers. While sales were down year-over-year, they did in fact increase month-over-month – and for the second month in a row – offering another encouraging sign of renewed momentum.

The key takeaway? After a late start, the spring…

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Signs of sunnier days are all around us. As temperatures begin their ascent, so does the sense of possibility — a feeling we’re not only seeing in the market but also hearing from our clients. After a strenuous few months of holding our collective breath, caught between election uncertainty and tariff drama, we’re finally seeing a shift. With the election now behind us, buyers are settling into a new mindset, and confidence is quietly returning.

But where there is optimism, there is also a sense of recalibration. While about half of Canadians are pleased with the election outcome, the other half are decidedly less so — and we’re already hearing of some business leaders exploring moves south of the border. It’s a reminder of how sentiment can shift…

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April has arrived with its usual mix of grey skies and anticipation for brighter days ahead – and while recent headlines have been dominated by economic uncertainty and a looming federal election, we’re starting to see some encouraging signs that Toronto’s spring market is beginning to stir.

Though TRREB’s March numbers showed a dip in sales compared to last year, the data doesn’t quite tell the full story, as can often be the case. From our front-line perspective, momentum is  in fact building: since the end of March Break, for example, open houses have been busier, showings have increased, and – notably – multiple offers are starting to resurface.

This is typical of early spring activity, but what’s unique about this moment is the…

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This week’s tariff news brought new meaning to March coming in like a lion. Whether or not there is reprieve thanks to temporary suspensions, the economic impact of recent events is undeniable – higher costs, market uncertainty, and the very real possibility of a recession. The question now is whether this is a short-term storm or a longer-term shift. Recent directives from south of the border have sparked apprehension, speculation, and – of course, from our clients especially – questions about how this will affect the real estate market.

But as challenging as this moment feels, it also calls for resilience. Canada is becoming more self-reliant, more patriotic, and more appreciative of its strengths – including our vast resources and stable…

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February… the shortest month that somehow always feels the longest. Whether you find peace on the slopes or by the surf, we hope there’s something bright on the horizon. Meanwhile, our team is gearing up for what promises to be an active spring market, despite uncertainty in the air.

Since our last newsletter, a lot has changed—politically, on both sides of the border, and economically, as markets react to new policies, speculation, and shifting consumer sentiment.

Toronto’s housing market kicked off 2025 with lower-than-expected inventory given how strongly it was performing at the end of the year. That said, listings that did come to market sold well, with multiple offers across all price points—including the luxury segment up to $10 million.…

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Happy New Year! As we step into 2025, we are entering a landscape shaped by significant political and economic shifts. Just last week, Prime Minister Trudeau announced his resignation, and, as I write this, we are one week away from the U.S. Presidential inauguration. These political changes have already had an impact on the market, with the Canadian dollar strengthening somewhat in response to Monday’s news.

The year ahead is also expected to bring renewed energy to the real estate sector. Increased consumer confidence, driven by greater buying power, will likely spur market activity. While the post-holiday period is traditionally slower, we anticipate an uptick in momentum by late January, and for the market to reach peak activity from…

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In a recent compelling interview on BNN Bloomberg, Cailey Heaps, the President and CEO of Heaps Estrin, shared her expert insights on the current real estate market. Speaking with Amanda Lang, Heaps delved into the intricacies of market trends, strategies for navigating the high-interest rate environment, and her predictions for the future of real estate. This post highlights the key points from this discussion, offering valuable insights for both buyers and sellers in today’s market. [Link to the full interview video]

Anticipating Interest Rate Changes in 2024

Cailey Heaps discussed the widespread anticipation of interest rate decreases in spring 2024. While some are hopeful for this shift to stimulate the market, Heaps advises caution and…

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As the crisp air of autumn settles in and the leaves begin their glorious display, Toronto’s real estate market is also undergoing some remarkable changes. After a series of financial and regulatory changes, we are experiencing a noticeable uptick in activity. For the first time in months, we are seeing multiple offers re-emerge on several of our listings, signaling a renewed urgency among buyers.
 
With interest rates continuing their descent, combined with changes to amortization periods, insurance caps and adjustments…

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