The Vaughan real estate market is seeing increased activity as we move into 2025! Whether you're thinking of selling your home or looking to buy or invest, understanding the latest market trends can help you make an informed decision.

🏡 Key Market Stats for Vaughan

Detached Homes: Average price at $1,643,391 | 31 days on market

Semi-Detached Homes: Average price at $1,205,221 | 25 days on market

Townhomes: Average price at $1,095,333 | 24 days on market

Condo Apartments: Average price at $646,859 | 50 days on market

GTA Inventory: Up 70.2% YoY, creating more buying opportunities

📈 What This Means for Sellers

The spring market is heating up, and inventory levels are rising. If you’re planning to sell, now is the time to list your home before competition increases. With buyers taking advantage of easing mortgage rates, we can position your home to sell at the best price with a targeted marketing strategy.

🏡 What This Means for Buyers & Investors

The market is moderately appreciating (+1.5% YoY in January), but forecasted 2025 home sales are set to rise 12.4%. This is your chance to buy before demand picks up further. With more inventory available, you have more choices to find the right home or investment property.

📩 Thinking of buying or selling in Vaughan? Let’s discuss your goals! I’m your #PointManInRealEstate, Making A Difference For You!

👉 Contact me today to book a consultation!

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The Greater Toronto Area (GTA) real estate market is kicking off 2025 with promising signs for both buyers and sellers. With new listings surging 48.6% year-over-year and average home prices up 1.5% compared to last year, the stage is set for a busy and competitive market season.

Why Now is the Time to Sell
Sellers, take note: lower borrowing costs are motivating buyers to step off the sidelines. Detached homes remain highly sought after, averaging $1.38 million. Listing your property now ensures you capitalize on strong demand and competitive pricing.

Opportunities for Buyers and Investors
The forecast for 2025 predicts a 2.6% rise in average selling prices, making this the ideal moment to secure a new home or investment property. Condos remain well-supplied, providing attainable options for first-time buyers and investors alike.

Your Point Man in Real Estate
Whether you’re buying, selling, or investing, I’m here to guide you through the market with expertise and care. Let’s make 2025 your year of real estate success!

Contact me today for a personalized consultation and allow me to Make A Difference For You!

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The Bank of Canada recently lowered its policy rate to 3% and announced the end of quantitative tightening. This major policy shift is shaping the future of real estate in Canada.

Here’s what it means for you:

🏠 For Buyers: Lower interest rates make monthly payments more affordable, increasing your ability to purchase your dream home.

🏡 For Sellers: With more buyers entering the market, demand for homes is rising. Now could be the perfect time to list and sell quickly.

📊 For Investors: Reduced financing costs create new opportunities for profitable investments, whether in rental properties or commercial real estate.

The market is shifting, and opportunities like this don’t last forever. Let’s connect to discuss how this rate cut impacts your real estate plans!

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The Richmond Hill real estate market ended 2024 with strong numbers and exciting opportunities for sellers, buyers, and investors. December stats reveal an average detached home price of $2,028,332, reflecting a 12.87% year-over-year increase.

Key Highlights for Sellers:

• Detached homes are in high demand, selling within an average of 41 days.

• A balanced market with motivated buyers means now is an excellent time to list.

Opportunities for Buyers and Investors:

• Condo apartments averaged $640,889, a more affordable entry point.

• Increased inventory in the GTA (48.5% YoY) provides more options to find your ideal property.

Whether you’re looking to sell, buy, or invest, having the right Realtor makes all the difference. Contact me, Sam Chaim, your Point Man in Real Estate, for expert advice and a customized plan tailored to your needs.

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The December 2024 real estate market stats for Markham, ON, reveal an interesting landscape for buyers, sellers, and investors. As your Point Man in Real Estate, let’s dive into what this means for you.

Detached Homes: Averaging $1.59M, detached homes are taking 34 days to sell. For sellers, this is a prime time to list your property with tailored strategies to stand out in a competitive market.

Townhomes: Prices surged 8.78% YoY to $1.24M, proving to be a robust investment.

Condo Apartments: With an average price of $691,460 (+4.05% YoY), condos remain an attractive option for both first-time buyers and seasoned investors.

The market is competitive, with 15,393 active listings across the GTA. Whether you’re selling, buying, or investing, having an experienced Realtor like me in your corner ensures you’re making the most informed and strategic decisions.

Ready to get started? Contact me today!

To A Good Life!

Sam

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If you're considering buying, selling, or investing in real estate, December 2024 has brought exciting opportunities to Vaughan’s housing market.

Here’s a closer look at the trends and how they can impact your plans.

Market Snapshot:

The average GTA sales price stands at $1,067,186, with inventory increasing by 48.5% YoY. This provides buyers with more choices, while sellers can still benefit from a strong market.

Key Insights by Property Type:

1. Detached Homes:

   • Average Price: $1,697,111

   • Monthly Change: +0.21%

   • Time on Market: 79 days
      

2. Townhouses:

   • Average Price: $1,186,200

   • YoY Change: +7.22%

   • Time on Market: 26 days
      

3. Condo Apartments:

   • Average Price: $653,378

   • Monthly Change: +3.39%

   • Time on Market: 40 days

Opportunities for Sellers:

Sellers can take advantage of stable pricing trends, especially in high-demand categories like detached homes and townhouses. Strategic pricing and marketing can help you maximize returns.

Opportunities for Buyers and Investors:

With rising inventory levels, buyers have more options, and investors can capitalize on townhouses, which are seeing strong appreciation.

Are you ready to make your move in the Vaughan market? Contact me today to discuss your goals & allow me to Make A Difference For You!

To A Good Life!

Sam

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Get ready to fall in love with 281 Chelwood Avenue – the perfect blend of charm, space, and modern upgrades in the heart of the highly sought-after Brownridge neighborhood. 🌟

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Stay tuned for the full listing coming soon!

💬 Curious? Drop a comment below or DM us for more details before it hits the market!

🎥 Watch Sneak Peak Video Tour


Sam Chaim
Your Point Man 🏀 in Real Estate
Making A Difference For You!
RE/MAX Realtron
📱 (416) 543-7252
📧 sam@samchaim.com

The Greater Toronto Area (GTA) real estate market is heading into 2025 with momentum and opportunities for sellers, buyers, and investors alike. After a year of transition in 2024—marked by an uptick in listings and easing affordability challenges—this year could be your time to act.

• For Sellers: With new listings up 16.4% year-over-year, the GTA market is well-supplied, giving buyers more options than ever. To succeed, positioning your property strategically is essential.

• For Buyers and Investors: Thanks to softened condo prices and lower borrowing costs following the Bank of Canada’s rate cuts, affordability has improved. Single-family homes remain stable, while the condo market offers excellent entry points.

Key Takeaways:

• Market conditions favor buyers with considerable negotiating power.

• Sellers need a targeted marketing strategy to maximize their returns.

• Investors should look into condo opportunities as prices remain attractive.

Whether you're looking to sell your home, purchase your next one, or expand your investment portfolio, 2025 is the time to act. As your Point Man in Real Estate, I’m here to help you navigate the market with confidence. Contact me today to explore your options!

To A Good Life!

Sam

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The Greater Toronto Area (GTA) housing market is closing out 2024 on a high note, with home sales up by an impressive 40.1% compared to November 2023. 📈 With lower borrowing costs and inflation showing signs of easing, buyers and sellers are taking advantage of the market’s favourable conditions.

Detached homes are leading the charge, with prices outpacing inflation, particularly in the City of Toronto. On the other hand, the condo market continues to offer excellent opportunities for buyers, with a wide selection and strong negotiation power.

Whether you’re a seller looking to capitalize on rising prices or a buyer ready to make your move, this market has something for everyone. Want to learn more about how these trends affect you? Contact me today for personalized advice tailored to your needs.

....To Make A Difference FOR YOU!!

To A Good Life!

Sam

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October marked a significant change for the real estate market in the GTA with the number of sales being 44% higher than a year ago and the number of homes available for sale dropping. These indicators highlight the effect of the drop in borrowing costs, allowing more buyers to qualify while increasing affordability.

6,658 homes sold in October (at an average price of $1,121,871) and with 24,481 homes currently for sale, means the average buyer has a choice of 4 homes available to them. The bottom line although speculative is that  the real estate market has bottomed out. Expect the number of sales to increase while we continue to see a reduced number of homes available for sale.  Rules of supply and demand dictate that prices are set to increase. It’s all too familiar, isn’t it?

While the above numbers reflect averages, the real estate market is very sensitive to location and price range. The higher cost of borrowing impacted both the lower price range, as first-time buyers could not qualify, and the high-end luxury market where higher borrowing costs made trade-ups ill advised.

I believe that as we go through the winter months, and borrowing rates continue to drop (expected), more buyers will get into the market. We can also expect sellers on the sidelines to become more active so determining where that balance will be is difficult at this time.

Projections are for about 20,000 sales over the next 3 months and as we get further into 2025, increased demand and lower inventory of homes for sale will put upward pressure on prices.

If you have been waiting for things to improve, or the market to bottom out, now might be a good time to start investigating your options. Let me help you crystalize a plan through subjective analysis of your objectives. Answering your questions and showing you the opportunities will help you confidently and methodically move forward. Don’t be stuck in limbo because you don’t have the right answers, let me help you strategize and get it right.

If you or someone you know is unsure, please call me, your friend in real estate. I am here not just to make it happen, but to....

....To Make A Difference FOR YOU!!

To A Good Life!

Sam

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On October 23rd the BoC did what many economists were expecting, it cut the Key Rate for the fourth time in a row – this time by a larger-than-usual amount of 50 basis points. The last time our Central Bank cut by such a significant amount was in March 2020, at the start of the pandemic.

This cut is great news for Variable Rate Mortgage holders, Homeowners renewing a mortgage, Home Sellers, and especially Home Buyers.

The October 15th, StatsCan report, that Canada's annual inflation in September cooled to 1.6%, down from 2% in August and a significant drop from July's 2.5% reading, was likely a deciding factor in the BoC’s decision. It’s the first time since 2021 that Total CPI Inflation has been below the Bank’s 2% target.

Based on current projections, we’re likely to see another rate trim in December and continued cuts in the new year. In the meantime, this latest Bank of Canada decision will have an impact on consumer thinking, activity, and housing markets across the country.