Detached homes are heating up — prices are up 10.79% month-over-month, averaging $1.88M! Meanwhile, the condo market is seeing continued price drops, creating ideal conditions for buyers and investors.

🏡 Detached: ⬆️ $1.88M | +11% M/M
🏘 Semis: $1.17M | Slight increase
🏙 Condos: Down 7.6% Y/Y = Buyer leverage
📊 Over 27,000 listings = More choice, more power

Sellers: Now is the time to list strategically.
Buyers & investors: This is your chance to buy low and invest smart.

Let’s make your next move count.

📲 Call me today — I’m your Point Man in Real Estate, Making A Difference For You.

To A Good Life,
Sam

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April’s market update from the Toronto Real Estate Board (TRREB) reveals a city in transition. With 5,601 homes sold last month — a 23.3% decline from April 2024 — it’s clear that many potential buyers are waiting for improved borrowing conditions. However, on a month-over-month basis, sales are gradually ticking upward.

The real shift? Inventory and pricing.

New listings are up 8.1% year-over-year, offering more choice across all property types. Meanwhile, the average home price in the GTA dropped 4.1% to $1,107,463 — a positive sign for buyers and investors seeking affordability in a high-demand market.

Sellers still have opportunity, but strategy is critical. With more competition, positioning your home properly can mean the difference between sitting and selling.

Whether you’re looking to make a move or exploring your investment options, having the right real estate partner can make all the difference.

📞 Contact me today — I’m your Point Man in Real Estate, Making A Difference For You.

To a Good Life,
Sam

The real estate landscape in Markham, Ontario continues to shift in response to broader economic factors and local trends. According to the March 2025 report from the Toronto Regional Real Estate Board (TRREB), the average sale price in the GTA dropped by 2.5% year-over-year, bringing the average to $1,093,254.

In Markham specifically, detached homes are still commanding over $1.63 million, with an average time on market of just 20 days—a strong signal that well-positioned properties continue to move quickly. With 425 active detached listings and 89 sales, sellers still have opportunities to attract motivated buyers, especially before inventory rises further in the spring.

For buyers and investors, this is a moment of increased leverage. GTA inventory levels have jumped 88.8% year-over-year, creating more selection and negotiation potential. As affordability improves and rate cuts are projected this spring, smart buyers are already exploring their options.

If you’re thinking of making a move, whether to list your current home or explore new investment opportunities, I can help you navigate the best timing and strategy.

To a Good Life,

Sam

Inflation Dipped to 2.3% in March

As a good news start to the day, on April 15th, StatCan released data that indicated Total Inflation had dipped to 2.3% in March, down from 2.6% in February. The next day, the Bank of Canada announced the Key Rate was held at 2.75%. Good news — economists are currently predicting that inflation will continue dropping. And even lower inflation means there will likely be a Key Rate cut at the next BoC meeting on June 4th.

Why is inflation expected to keep dropping? One reason is that on April 1st, the Carbon Tax charge was eliminated from the cost of a litre of gasoline. Great news for commuters. However, according to some economists, the removal of the Carbon Tax may just lead to a short-term drop in inflation. Other pundits expect that the drop in fuel prices may impact core measures over a longer period as it may become less expensive to transport groceries and consumer goods leading to lower prices across many sectors.

The caveat is that, in the coming weeks, we’ll be switching to “summer gas”, which can add three to ten cents to a litre of fuel. So, the current lower price of gas will see a bump-up.

Another watchout is tariffs. What sectors? When and how steep? It’s been a confusing few weeks of “on again, off again”. And the BoC will have to chart muddy waters of unclear data.

At present, some economists expect that inflation in April will continue to fall and could come in below 2%. That data will come out in mid-May. I will keep you posted.

The March 2025 housing market update for Vaughan reveals a stable but shifting landscape for sellers and buyers alike.

Detached homes in Vaughan maintained an average price of $1,700,237, with 20 days on market, consistent with February's performance.

While prices are down 5.08% year-over-year, they remain strong month-over-month — signalling steady demand in established family neighborhoods like Thornhill, Vellore Village, and Sonoma Heights.

Key Vaughan Highlights:

• Detached Homes: $1.7M | 20 DOM | 113 sales

• Semi-Detached Homes: $1.165M | 18 DOM | 15 sales

• Townhomes: $1.16M | 20 DOM

• Condos: $655K | 36 DOM | 66 sales

• GTA Inventory: 23,462 (⬆️ 88.8% YoY)

What This Means for Sellers:

With limited active listings in Vaughan — only 500 detached homes and 453 condos — well-prepared properties still have an edge. Strategic pricing, staging, and exposure will be essential to stand out as more listings enter the spring market.

What This Means for Buyers & Investors:

Greater inventory across the GTA means more choice and stronger negotiating leverage. Condo apartments and townhomes offer relatively stable pricing and are ideal entry points for first-time buyers or investors looking to benefit from anticipated rate cuts later this year.

📲 Whether you're buying or selling, I’ll guide you with proven local insights and personalized strategies.

To A Good Life,

Sam

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The Toronto housing market saw a significant shift in March 2025, with active inventory in the GTA rising 88.8% year-over-year, according to the Toronto Regional Real Estate Board (TRREB). This influx of new listings presents both opportunities and challenges, depending on whether you're looking to buy or sell.

Key March 2025 GTA Market Stats:

• Average GTA Home Price: $1,093,254

• Detached Homes: $1.44M (23 DOM)

• Condo Apartments: $682K (32 DOM)

• Townhomes: $1M average price

• Sales Activity: 5,011 sales (down 23.1% YoY)

• New Listings: Up 28.6% YoY

What This Means for Sellers

With more homes hitting the market, sellers need to stand out. Strategic pricing, strong marketing, and working with an experienced Realtor are more critical than ever. The good news? Homes are still moving — especially well-presented detached properties and semi-detached homes in key neighborhoods.

What This Means for Buyers & Investors

Affordability has improved. Mortgage rates are easing, prices have stabilized, and buyer negotiating power is growing. With talk of further interest rate cuts this spring, now could be the time to secure a property before demand picks up again.

Whether you're thinking of selling or buying, market timing matters.

To A Good Life,

Sam

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February 2025 brought continued shifts to the Markham real estate market. With rising inventory levels and moderate price adjustments, sellers need strong strategy—and buyers have increasing leverage. Here's what you need to know if you're thinking about selling, buying, or investing in Markham this year.

🏡 Market Snapshot – February 2025:

Detached Homes:
Avg Price: $1,696,182
Avg Days on Market: 19
Listings: 350
Y/Y Change: -1.89%

Townhomes & Semis:
Townhouse Avg: $1,213,235
Semi-Detached Avg: $1,208,468
Y/Y Changes: -5.09% and -7.11% respectively

Condos:
Avg Price: $690,774
Inventory up, Prices down Y/Y: -7.59%

What It Means for Sellers:
With elevated inventory levels and motivated buyers watching interest rates closely, pricing and marketing are everything. Sellers who act now and work with an experienced local agent have the edge.

What It Means for Buyers & Investors:
Buyers benefit from more choice and negotiation power. Investors looking at long-term gains may want to act before rates drop and demand spikes again.

Ready to make a move?
Contact Sam Chaim, Your Point Man in Real Estate, and let’s create a plan that works in today’s market.

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If you’re a homeowner in Vaughan considering selling your property in 2025, now may be the right time to take action. The latest Toronto Regional Real Estate Board (TRREB) market update shows that while home sales are down 27.4% year-over-year, inventory levels have increased, giving buyers more options—and creating opportunity for well-prepared sellers.

In Vaughan, this translates to motivated buyers searching for move-in-ready homes, but with more listings on the market, your home needs to be priced and marketed effectively to stand out.

The MLS® Home Price Index and average selling prices have dipped slightly from last year, but with interest rates projected to decline, buyer activity is expected to pick up again in the second half of the year. Investors are watching closely, and savvy buyers are already stepping in while negotiating power remains strong.

As your Point Man in Real Estate, I provide custom strategies tailored to your goals—whether you’re selling your family home, buying your next one, or investing for the future.

📞 Let’s connect and talk about your Vaughan real estate goals.

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The Greater Toronto Area (GTA) housing market continues to shift, offering more opportunities for buyers and investors while sellers need to be strategic about when to list. With a 76% increase in inventory year-over-year, homebuyers now have more negotiating power than ever before. Here’s a closer look at the February 2025 market trends and what they mean for you.

Market Highlights: February 2025

• Average GTA Home Price: $1,084,547 (down 2.2% YoY)

• Detached Homes: $1,445,879 (+4.97% MoM)

• Semi-Detached Homes: $1,079,996 (+3.08% MoM)

• Condo Apartments: $688,055 (+2.59% MoM)

• Overall Inventory: 19,536 listings (up 76% YoY)

What This Means for Sellers

With higher inventory levels, standing out is key. While some homeowners are waiting for lower interest rates to bring back more buyers, listing now means less competition and more serious buyers. If rates drop later this year, prices may increase—but waiting means facing more competition from other sellers.

What This Means for Buyers & Investors

If you’ve been waiting for the right time to buy, this is it! More listings = more negotiating power. As borrowing costs are expected to decline later this year, securing a better price now before demand surges could be a smart move. Investors should also take note of lower condo and townhome prices, which present great opportunities for rental properties.

Final Thoughts

The Toronto housing market is in a unique phase, offering advantages for both buyers and sellers. Ready to make your next move in the Toronto real estate market? Whether you're buying, selling, or investing, I’m here as your Point Man in Real Estate to guide you every step of the way. Let’s craft the right strategy to maximize your success!

Call, text, or email me today—because I’m all about Making A Difference For You!

To A Good Life!

Sam

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