𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for February 2025 vs. 2024 home sales in Toronto, Mississauga, Oakville, and Burlington. 📢

Is it just us or has Q1 of 2025 flown by? The real estate market continues to be better supplied than this time last year, however what’s important to note is that properties are selling yet with varied activity depending on the location, product type and price point.

Savvy Buyers and Sellers know to quiet the noise from the media regarding factors beyond anyone’s control and focus in on what their unique goals are.

What’s critical today is that you have a skilled and knowledgeable Realtor on your side as you navigate the current market. If selling, proper preparation and planning, pricing strategy, stellar marketing and sharp negotiation skills should be paramount. When buying, a sharp pulse on the local market, strong negotiation skills, client focused service and a collaborative approach is the recipe for success.

The real estate market is nuanced, and it’s important that you hire the right person who possesses all of the distinctive qualities to ensure your successful real estate journey.

💡 Here’s what stood out with the month over month activity between January and February 2025

◼️ Toronto average detached home values jumped $200,000 between January and February. In fact, all home types were up month over month, with the next largest increase in semi-detached homes – up $125,000 over the month prior.

◼️ Mississauga on the other hand flat to the month prior across all categories (slight dip, however marginal). Where it gets interesting in Mississauga, is that all categories excluding detached homes were down as compared to February 2024. Detached homes were the only positive year/year difference, up 7% to last year (yet flat to last month).

◼️ Oakville detached home values saw a huge jump month over month – up $261,000 over January. All other home types were down, most notably semi-detached homes, down $230,000 over the month prior while being down 19% over last year. Condo apartments were also down over $100k as compared to January suggesting that the condo market in Oakville is ripe with opportunity.

◼️ Burlington detached home values saw the largest drop in our report based on the month over month figures. Down $141,000 over January and down 3.2% over last year. Whereas semi-detached homes were up close to $150,000 on the month over month suggesting that those who bought in Burlington last month were those seeking value for the price in a sub $1.4m category. Condo townhouses saw a huge drop month over month, down $150,000 and also down 17% over last year. A value driven price point was also evident in condo apartment activity, with the average price dipping below $600k – which we haven’t seen this low in a while.

Want to know what’s happening in your neighbourhood? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below, or call us at 647-293-3785.

Here are the real estate market stats you need to know for January 2025 Vs. 2024.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for December 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

Market activity in December varied across the areas in our report as compared to the same time last year. For example, where detached home prices may have been up year over year in Burlington, they were down in Oakville and flat in Toronto.

As an overall, new listings were up in 2024 at a greater annual rate then in 2023 and with a significant difference than the sell-through, providing buyers with considerable choice, impacting the rate of price growth.

Be sure to review our infographic slides for specific details by each home type and how it compares year over year.

💡 Here are our notable take away’s from the December 2024 real estate market activity and how it compared month over month with November:

◼️ Toronto average detached home price was flat month over month, semi detached average price up $50,000, freehold townhouses flat, condo townhouses pretty much flat (up by $25,000) and condo apartments flat month over month. No real significant change on a month over month basis in Toronto. Where we saw a greater impact was the year/year for semi detached homes up 11% over December 2023, along with a big drop in freehold towns: down 21% and condo towns down 13% year over year.

◼️ Mississauga home values were pretty consistent across all categories on a month over month basis. The detached average home price was down $25,000, semi-detached up $25,000, freehold townhouses up $65,000. Condo townhouses were flat, and condo apartments were pretty much flat – down by $18,000.

◼️ Oakville detached home values were down $80,000 month over month, semi-detached were flat, while the townhouse categories were both up: freehold townhouses up $150,000 and condo townhouses up $100,000 over the month prior. Opportunity continues in the condo apartment sector with the average price down $65,000 month over month. What stood out in Oakville was the drop in the average detached home price as compared to December 2024: down 8%, and semi-detached homes down 30% over last year – although this figure may be skewed from the lack of adequate homes sold, as only two semi-detached homes sold in Oakville for December 2024. Notable mention regarding condo townhouses, up almost 14.5% compared to last year.

◼️ Burlington home values were down across almost all categories on a month over month basis. The average detached home price was down $60,000, opportunity was evident for semi-detached homes, down $120,000. Freehold townhouses were the only home type up slightly over the month prior. Condo townhouses were down $80,000 and condo apartments with the biggest month over month drop, down $150,000.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the link below.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for November 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

November brought a mixed bag of market activity across the areas in our report. Detached home values were up across the board compared to last year, with Burlington being the only area showing an increase in values for all property types.

Oakville detached homes saw the largest year-over-year increase in November, up nearly 13%, with an average price surpassing $2.1M.

Interestingly, when comparing month-over-month activity between October and November, 𝘴𝘰𝘮𝘦 𝘷𝘢𝘭𝘶𝘦𝘴 𝘸𝘦𝘳𝘦 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘥𝘰𝘸𝘯 𝘪𝘯 𝘕𝘰𝘷𝘦𝘮𝘣𝘦𝘳. In Toronto proper, the average sale price decreased across all property types, though condo prices remained flat compared to the previous month.

View the infographic slides for a detailed comparison between the November and October stats update!

___

Want to know what’s happening in your neighbourhood? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.

October 2024

November 2024

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for September 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

September brought an increase in the number of homes sold, up 8.5% as compared to last year, and also up on a monthly basis compared to August. It’s important to note however that new listings were up 10.5% year over year, therefore the rate of sale has not outpaced supply.

In most areas we are still very much in Buyers market conditions, some edging more towards balanced. Certain pockets of Toronto proper on the other hand are experiencing multiple offers however this is on a case-by-case scenario largely factored by product type, the amount of competing inventory and price point.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬𝟮𝟰:

◾️Toronto detached home values flat month over month, and with the average price down about 2% compared to last year. All other home values pretty much flat month over month.

◾️Mississauga detached home values down $90,000 month over month, providing for what could be a short-lived opportunity to buy a detached home at an excellent value. All other home types flat month over month.

◾️Oakville detached home values back up for September and a huge jump from August, up by approximately $240,000. This could be based on higher price point homes sold, and the rush to close on a new home in time for the school year. Where detached home values were up on a month-over-month basis, other home types are ripe with opportunity as their values slipped: freehold townhouses down just over $100,000, condo townhouses down $80,000 and condo apartments down $120,000 as compared to just one month prior.

◾️Burlington detached home values flat to last month and up 15% over last year with the largest year/year category gain of the areas in our report. Opportunity knocks in freehold townhouse values, down by $145,000 to just over $900k average townhouse price in September (an excellent value for freehold). Condo apartments also down by close to $70,000 not surprisingly.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for July 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

Sales volume was up in the GTA this July as compared to July 2023, however the average selling price for the majority of the product within the areas in our report was down compared to last year.

Buyers also benefited from greater selection as new listings were up over 18% over the previous year across all areas on the Toronto Regional Real Estate Board.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗝𝘂𝗹𝘆 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟰:

◼️ Toronto detached home values down $90,000 month over month, and flat to last year. Freehold townhouses down $100,000 month over month, however freehold towns were the only category where home values were up over last year. All other home types flat month over month.

◼️ Mississauga detached home values up by close to 4% year over year, and the only area in our report where the detached home values were up. On a month over month comparison, all home categories flat which suggests stability within buyer’s market conditions.

◼️ Good news for Oakville with the average detached home price up $120,000 as compared to the month prior. Detached home values in Oakville had declined from April to June 2024 and are back to what would be a more ‘typical’ figure. Note that detached values are down 4% to last year. Freehold towns were up slightly month over month. Nice improvement in condo apartments, up $70,000 over June and almost 5% over last year.

◼️ Burlington detached home values flat to last month and down slightly to last year. All other home categories flat to last month. Semi-detached values down 9.5% to last year. Condo apartments up on a month over month and to last year.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for June 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

For the most part in the areas within our report, the average selling price was down compared to June 2023, although with mixed results depending on the location and the product type. We are in an interesting market, that does not have a ‘one size fits all answer’. Yes, we are better supplied with inventory for sale this year, and with a decline in sales volume compared to June 2023 as some Buyers are on the sidelines waiting for further interest rate cuts before making a move.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗝𝘂𝗻𝗲 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰:

◼️ Toronto detached home values down $68,000 month over month, and flat to last year. Opportunity in semi-detached homes, down $130,000 month over month and with the largest decrease in value over last year, down almost 9%. Condo apartments flat on a month over month and annual basis.

◼️ Consistent results in Mississauga across all home types on a month over month basis. Detached homes down 3% compared to last year, aligned with the average decrease in value across the Toronto Regional Real Estate Board areas. The only home category up year/year were freehold townhouses, at a 2% increase.

◼️ Affordability may be a factor in Oakville as the average price for detached homes dropped almost $110,000 over the month prior, which was already down $130,000 from April. Detached homes in Oakville also experienced the largest decrease in the year over year value of the areas in our report, down 11.6%. All other home categories were flat on a month over month basis, suggesting stability in the more attainable price points.

◼️ Burlington detached home values were up by 4.5% year/year and remained consistent with the month prior. There was a point in time when buying a detached home in Burlington was considerably more affordable than Mississauga, however these days they are relatively at par. The appeal of Burlington for people moving from Toronto/Mississauga further west is evident based on quality of life and affordability. In other home types, semi-detached were down almost $100,000 month over month and with a big drop to last year, down 15.4%. Condo townhouses also down $80,000 month over month.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.
 

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for May 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

Sales volume and the average selling price for May were at a decline across the Toronto Regional Real Estate Board as compared to year over year, due to last spring’s short-lived pick up in market activity. Further details on this in my commentary below.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗠𝗮𝘆 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟰:

◼️ Toronto detached home values flat month over month, however with a 4.5% decrease from last year – contributed by the uptick in activity in May 2023. All other home categories in Toronto flat month over month.

◼️ Interesting activity in Mississauga for detached homes as the average price was up almost $100,000 from March to April, and back down $100,000 for May with the average price just over $1.5m. This could be contributed to a greater amount of supply within the past month equating to more buying power. All other home categories in Mississauga were flat month over month. A considerable decrease however, year over year for semi detached homes and freehold townhouses, down 9.5% and almost 13% respectively.

◼️ Oakville detached home values had been trending upwards over the past 2-3 months, however May’s figures brought the average price down by almost $130,000 over the month prior. This may be contributed by fewer homes sold in May in the higher price point category due to affordability as Oakville remains one of the most expensive areas to live in the GTA, and Canada. All other home categories were flat month over month. Big drop in the average home price year/year for condo townhouses, down almost 14%.

◼️ Burlington is the only area in our report that either held with the average price flat or with an increase month over month. Detached home values were flat to April, and up over last year – again, the anomaly compared to other areas. Semi detached home values up $100,000 month over month, freehold townhouses up approximately $80,000. Condo towns and apartments flat, the latter down 11.5% over last year.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.
 

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for April 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

Another month has flown by, and with that an update for May’s activity will be around the corner. In the meantime, let’s recap on what the activity was like last month and how it compares over the same time last year, as well as within the short term.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗔𝗽𝗿𝗶𝗹 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟰:

◼️ Toronto detached homes average price pretty much flat month over month (up $23k to be exact), and with a 1.9% increase year over year. All other home types flat month over month. Good news however in the condo market, as there were 123 more units sold month over month, along with a slight annual increase in the average price.

◼️ Mississauga detached homes up almost $100,000 month over month, and with the greatest annual gain of the areas in our report at a 5.8% increase over last year. All other home types in Mississauga flat month over month, and down over last year (excluding semi-detached up only by 1%).

◼️ Oakville detached homes average price on an upward trend again, up by $110,000 month over month, and with a 5.2% increase year over year. All other home types flat month over month with the exception of condo townhouses, up slightly. Interestingly, only detached homes in Oakville had experienced an annual gain, as all other home types are down over last year. The most significant decline was in freehold townhouses, down 9.3%

◼️ Burlington detached homes up almost $70,000 month over month and 4.6% over last year. Semi detached and condo townhouses flat month over month, whereas condo townhouses were up $80,000 over March and also experienced the greatest annual increase up by 7.4%.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.
 

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for March 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

This past month has flown by on our end with typical activity in the spring market, contributing to a delay in sharing the most recent market update. Overall, we’ve experienced a gradual increase in home values this year to date however with varying results based on the product type, price point and location.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗠𝗮𝗿𝗰𝗵 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰:

◼️ Toronto detached homes up $150,000 month over month, and with a 5% year over year increase – the highest increase for detached homes within the areas of our report. All other home types in Toronto flat over the month prior, with between a 2 – 3% increase year/year. The exception being condo apartments, down 0.5% over last year.

◼️ Mississauga detached homes up slightly month over month. All other home types in Mississauga flat with the exception freehold townhouses which were down $100,000 over February and down 4% to last year.

◼️ Oakville detached homes average price was down by $190,000 month over month, and flat to last year. Semi-detached and freehold townhouses down slightly month over month and flat to last year. Condo apartments saw the greatest drop in value, down over 12% from last year.

◼️ Burlington detached homes up slightly month over month and 3% over last year. Semi-detached homes flat to the month prior however this category had the largest difference to last year, down by almost 8%. Freehold townhomes up $50,000 month over month, flat to last year. Condo townhouses down $100,000 and slightly over last year. Condo apartments flat month over month, and the greatest annual increase, up 13% to last year.

Be sure to view the full details of each area within our update via the infographics in this post.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for February 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

February’s real estate market brought an uptick in activity signalling the start of the spring market. “The market assumption is that the Bank of Canada has finished hiking rates. Consumers are now anticipating rate cuts in the near future. A growing number of homebuyers have also come to terms with elevated mortgage rates over the past two years.” said TRREB President Jennifer Pearce

The sub $1,000,000 price point has experienced a surge in activity and multiple offers in some west GTA areas, largely driven by affordability as this price point does not require a 20% or greater down payment.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰:

⬛️ Toronto up across all home types month over month, excluding condo apartments flat to the month prior.

⬛️ Mississauga detached homes and freehold towns up month over month. Semi-detached and condo-townhouses flat, while condo apartments were down from the month prior.

⬛️ Oakville detached homes experienced the greatest increase across all home categories with the average price up $200,000 to the month prior. Freehold townhouses were flat over the month prior, condo townhouses down and condo apartments down a whopping 43% over the same time last year.

⬛️ Market conditions changed rapidly in Burlington for detached homes sold in February. The average price was up $240,000 to the month prior. Condo townhouses also up significantly month over month with a $230,000 increase in the average price. Condo apartments in Burlington continued the trend in Halton with average prices down $100,000.

⬛️ Now is an excellent time to buy a condo apartment whether an end user or an investor as the buying power is greater than this time last year, there is ample supply and less competition.

Be sure to view the full details of each area within our update. Swipe on each image to view.⁣⁣⁣

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.
 

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for January 2024 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

January 2024 sold activity and average home prices were a mixed bag of results within the areas in our report. Interestingly, certain home categories that were up year over year, may be down in average price as compared to December 2023. In most cases however the sales volume is up. What that means is that buyers are out, and more homes are selling.

We are still in more of a buyer’s market, edging to balanced in most areas, however some neighbourhoods are back to multiple offers. The market is unpredictable and should be considered on a more micro level.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟯 📑

◼️ Toronto detached homes average price up $300,000 over December 2023 and with almost 7 x more homes sold which is excellent. Semi-detached up over last year, and month over month. Freehold townhouses down almost 23% over last year however up 300k over December.

◼️ Mississauga detached homes average price up $200,000 over December 2023 and up almost 16% over last year. Slight dip in freehold townhouses year/year although average price up over December. Condo apartments down 5% over last year

◼️ Oakville detached homes up 12% over last year, still over the $2m mark however down 200k to December. Biggest drop in Oakville condos, down 26% over last year and average price flat to December.

◼️ Opportunity knocks in Burlington as a more affordable area to get into a detached home. Average price down almost 10% to last year, and down $50k to January – coming in at just under $1.2m as the average detached home price in January. Where Oakville condos were down, Burlington condo values up 23% over last year.

Be sure to view the full details of each area within our update. Swipe on each image to view.⁣⁣⁣

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation with us via the form below.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for December 2023 vs. 2022 home sales in Toronto, Mississauga, Oakville, Burlington 📢

The last month of 2023 continued on the same trend as the fall months, however with a slight uptick in activity over November. Market conditions continue to be favourable for Buyers 𝘩𝘰𝘸𝘦𝘷𝘦𝘳 𝘪𝘯 𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘢𝘳𝘦𝘢𝘴 𝘢𝘯𝘥 𝘩𝘰𝘮𝘦 𝘵𝘺𝘱𝘦𝘴/𝘱𝘳𝘪𝘤𝘦 𝘱𝘰𝘪𝘯𝘵𝘴 𝘸𝘦 𝘩𝘢𝘷𝘦 𝘴𝘦𝘦𝘯 𝘢 𝘥𝘪𝘴𝘵𝘪𝘯𝘤𝘵 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦 𝘢𝘴 𝘤𝘰𝘮𝘱𝘢𝘳𝘦𝘥 𝘵𝘰 𝘫𝘶𝘴𝘵 𝘰𝘯𝘦 𝘮𝘰𝘯𝘵𝘩 𝘱𝘳𝘪𝘰𝘳.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟯 📑

◼️ Toronto average home values flat across all categories to the month prior, with the exception of freehold townhouses up $300,000 over November and a whopping 31.8% year/year. Freehold Toronto detached home values also flat year/year.

◼️ Mississauga average home values across all categories flat to the month prior, with the exception of semi-detached homes up $100,000 and condo apartments down slightly. All Mississauga home types down year/year. This provides for an excellent opportunity to buy/invest in Mississauga real estate.

◼️ Oakville is on fire and continues with the largest increase in freehold detached and semi-detached homes. Average freehold home values up $360,000 over November, and with a 22% increase in average price over December 2022. Semi-detached up $380,000 over November.

◼️Opportunity knocks for Oakville condos, down $120,000 over November and down 22% over last year

◼️ Burlington with interesting results for December. Detached home values down $120,000 month/month and down 14% over last year. Condo townhouses up $140,000 over November, and up 16% year/year.

◼️ Huge opportunity to buy a detached home in Burlington. December’s average price for detached was only $1,265,746 for detached, making this the most affordable in the areas in our report. When the market heats up, those priced out of Oakville will go into Burlington. Buy now! If you’re investing and want to buy under $1,000,000 – we can get a freehold townhouse in an affordable price point. Rental rates in Burlington are comparable to Oakville – therefore this is also opportune.

Be sure to view the full details of each area within our update. Click on each image to view.⁣⁣⁣

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation by completing the form below, or give us a call anytime at 647-293-3785

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for November 2022 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

It’s no secret that home sales in Toronto and the west GTA slowed down considerably in November. Sales volume was at the second lowest amount since 2008.

Year over year average prices show increase and decrease across the various home types in Toronto, Mississauga, Oakville, Burlington.

Of the areas in our report, Oakville had the greatest improvement in value over November 2022.

𝐓𝐡𝐞 𝐰𝐢𝐧𝐭𝐞𝐫 𝐦𝐨𝐧𝐭𝐡𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐞 𝐟𝐨𝐫 𝐁𝐮𝐲𝐞𝐫𝐬 𝐭𝐨 𝐞𝐧𝐭𝐞𝐫 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭. December and January are the best months to buy. Mortgage interest rates are anticipated to lower in 2024 – don’t wait on the sidelines. It is a very attractive time to buy a house at an excellent value! Let’s chat about the possibilities.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝟮𝟬𝟮𝟯 📑

◼️ Toronto month over month average freehold detached home values down $100,000. Freehold townhouse down $230,000 month over month AND down almost 10% year/year.

◼️ Mississauga average detached home price up year over year however down $165,000 month over month. Semi-detached home values up almost $100,000 month/month and up 7% year/year.

◼️ Good news for Oakville real estate. Average freehold detached home values up $100,000 month over month. All other home types flat to October and up over last year, with the exception of condo townhouses – down a whopping 17% over last year.

◼️ Burlington home values down across all home types month over month, except for condo apartments which were flat (and up over last year by almost 19%). Average freehold detached home value was down $100,000 month/month. Big drop in freehold townhouses down $180,000 month/month. Condo townhouses also down $95,000 month/month.

Be sure to view the full details of each area in our update. Click on each infographic image to view.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation by completing the form below or give us a call anytime at 647-293-3785.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for October 2022 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

Balanced market conditions continued in October while supply became more abundant. For context, across all of the Toronto Regional Real Estate Board new listings were up 38% year over year, and there were 50% more active listings on the market as compared to October 2022.

Note that we were at a 12 year historic inventory low in October 2022.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟯 📑

◼️ Toronto home values trending at the same pace month over month with values flat. Toronto average freehold detached home price up 6.7% year/year. Condo townhouses down 4% and condo apartments down 1.5%

◼️ Mississauga detached home sales outperformed all of the other areas in our report with values up $120,000 month over month and 12.6% year/year.

◼️ Oakville experienced the largest drop in month over month average detached home prices down $200,000 from September 2023 and down 4.3% year/year. It’s been a long time since we’ve seen the Oakville average detached home price under $1.8 million. This is a great opportunity for those who may have been priced out of Oakville in the past.

◼️ Steep drop in Oakville condo townhouses down $230,000 month over month and down a whopping 20% year/year. This is a terrific category for investors to buy in at these prices and rent as the rental market has shot up.

◼️ Burlington average detached home prices up a healthy $100,000 month over month and a more modest 2.2% year/year. Condo apartments down slightly month/month however they took a dive in values year/year down almost 18%. Another excellent opportunity for investors.

Be sure to view the full details of each area in our update. Click on each infographic image to view.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation by completing the form below, or give us a call anytime at 647-293-3785

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for September 2022 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

In our day to day real estate activity we are indeed experiencing balanced conditions that favour the Buyer, however this is on a case by case scenario as some neighbourhoods currently have a lot more product/selection on the market than others. Generally speaking, a turn key (renovated) property is going to be the most appealing in today’s market, and/or those with distinctive property features or lot size.

Please note that in September 2022 the Bank of Canada target overnight rate was at 3.25%. Today it’s at 5%. Therefore this should be a subjective consideration when reviewing the year/year figures.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗔𝘂𝗴𝘂𝘀𝘁𝟮𝟬𝟮𝟯 📑

◼️ Toronto freehold detached homes up $90,000 month over month and 7% year/year. All other home type values flat to August 2023, and slightly down in price year/year with the exception of semi’s up 5% over 2022.

◼️ Mississauga detached homes down $125,000 month over month. Semi-detached, freehold and condo townhouses up $40,000 – $70,000. Condo apartments flat. All home categories up as compared to year/year.

◼️ Oakville freehold detached homes flat month over month, however up 6.6% year/year. All other home types pretty much consistent with August 2023, except for condo apartment which saw a decline in the average price by $75,000 and down 8.8% over last year.

◼️ Burlington detached homes down $70,000 month over month and down 5.4% year/year. All other home types flat on a month over month and year/year basis. Condo apartments the exception – prices flat as compared to August however down 13.6% over last year. It’s a great time to invest in a Burlington condo whether as an end user or as a rental property.

Be sure to view the full details of each area within our update. Swipe on each image to view.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁’𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗻𝗲𝗶𝗴𝗵𝗯𝗼𝘂𝗿𝗵𝗼𝗼𝗱? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation by completing the form below, or give us a call anytime at 647-293-3785.
 

Thank you for your support in the first round of nominations for the 2023 Readers Choice Awards!

We are excited to share that Tanya is in the 𝐭𝐨𝐩 𝟗 𝐚𝐬 𝐁𝐞𝐬𝐭 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐁𝐫𝐨𝐤𝐞𝐫 𝐢𝐧 𝐌𝐢𝐬𝐬𝐢𝐬𝐬𝐚𝐮𝐠𝐚 and 𝐭𝐨𝐩 𝟏𝟏 𝐚𝐬 𝐁𝐞𝐬𝐭 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐀𝐠𝐞𝐧𝐭 and would love your help to land in the top 3.⁣

𝐏𝐋𝐄𝐀𝐒𝐄 𝐕𝐎𝐓𝐄/𝐧𝐨𝐦𝐢𝐧𝐚𝐭𝐞 Tanya Crepulja, Keller Williams Real Estate Associates by October 2nd via the links below for each category:

👉🏼 https://readerschoice.mississauga.com/readerschoice/categories/people-professionals/subcategories/real-estate-broker

👉🏼 https://readerschoice.mississauga.com/readerschoice/categories/people-professionals/subcategories/real-estate-agent

Thank you in advance!⁣

We are sincerely appreciative of all the wonderful clients that we’ve had the pleasure to serve over the years for real estate buying, selling or investing needs in Toronto, Mississauga, Oakville, Burlington and throughout the GTHA.⁣

Thank you for your continued business and support. It is an honour to be your trusted Realtor. ⁣

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for August 2022 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

More balanced market conditions in August as compared to the tighter spring market resulted with sales predominately flat as compared to July 2023, however slightly up in most areas and product type on a year over year comparison.

Keep in mind that we felt the impact of the rapid increase in the cost of borrowing at this time last year which had a distinct effect on the market.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟯 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟯 📑

◼️ Toronto home and condo values flat month over month, excluding condo townhouses down $80,000.

◼️ Mississauga home and condo values flat month over month, excluding condo townhouses which were up $50,000.

◼️ Oakville freehold detached homes down $100,000 month over month AND down 8% year over year. Take advantage of this as it’s an excellent time to buy a detached home in Oakville.

◼️ Oakville condo townhouses were down month over month however the condo townhouse figures are up a whopping 30% as compared to last year.

◼️ Burlington home and condo values flat month over month, excluding freehold townhouses down $60,000 and condo apartments which were down $85,000

Be sure to view the full details of each area within our update. Click on each image to view.⁣⁣⁣

???????????????? ???????? ???????????????? ????????????????’???? ???????????????????????????????????? ???????? ???????????????? ????????????????????????????????????????????????????? Obtain a personalized market analysis by booking a complimentary Buyer or Seller consultation by completing the form below, or give us a call anytime at 647-293-3785.

𝐍𝐄𝐖𝐒𝐅𝐋𝐀𝐒𝐇! Here are the real estate market stats you need to know for July 2022 vs. 2023 home sales in Toronto, Mississauga, Oakville, Burlington 📢

New listings and home prices were up in July 2023 in comparison to July 2022 as many households have adjusted to higher borrowing costs.

On a month-over-month basis, the market experienced more balance in July compared to June with sales trending lower while new listings were up.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗼𝘂𝗿 𝗻𝗼𝘁𝗮𝗯𝗹𝗲 𝘁𝗮𝗸𝗲 𝗮𝘄𝗮𝘆’𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟯 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗶𝘁 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝘀 𝗺𝗼𝗻𝘁𝗵 𝗼𝘃𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝘄𝗶𝘁𝗵 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟯 📑

◼️ It’s an opportune time to buy a freehold home in the city of Toronto! The average detached home price was down $144,000 month over month, and is $272,000 less than the average price in May 2023

◼️ Semi-detached homes and freehold townhouses in Toronto both down approximately $150,000 month over month

◼️ Condo townhouses up in Toronto by $80,000 month over month – and an almost 14% increase over last year which was the largest category increase year/year. Condo apartments flat month over month and same for year/year.

◼️ Mississauga property values slightly down month over month with the most significant dip in detached homes, with the average price down $70,000. Additionally, Mississauga is the only area in our report where detached home values were down compared to last year, 3.7% to be exact.

◼️ Oakville detached home values slightly down month over month with a $39,000 decrease compared to June. Semi-detached homes down $120,000 however only 2 semis were sold thus not a fair representation.

⁣◼️ The largest jump in Oakville was in condo townhouses – up a whopping 36% year/year and $137,000 more than the average price in June

◼️ Burlington values holding steady across the board as compared to June. Detached homes up by $50,000 month over month and up 7% year/year.

◼️ Burlington semi-detached and freehold townhomes average price dipped $50,000 compared to June, however semis are up 13% over last year, while towns are up 6%. Burlington condo apartments up by $40,000 month over month and flat to last year.

Be sure to view the full details of each area within our update. Click on each image to view.⁣⁣⁣

It’s a huge honour for Tanya Crepulja to be nominated as ‘Best Real Estate Agent’ and ‘Best Real Estate Broker’ for the 2023 Mississauga News Reader’s Choice Awards!

⁣We would love to land as a top finalist and seek your help to do so!

Please nominate (vote) by going to the page links below which will take you to the Reader’s Choice page, and click on the green ‘Nominate’ button next to Tanya Crepulja, Keller Williams Real Estate Associates.

Voting/nominating for this first round can be done daily and ends July 31st. ⁣

⁣Here are the links:

👉🏼 https://readerschoice.mississauga.com/readerschoice/categories/people-professionals/subcategories/real-estate-agent

👉🏼 https://readerschoice.mississauga.com/readerschoice/categories/people-professionals/subcategories/real-estate-broker

Thank you for your support!

⁣We are always appreciative of all of our clients past, present and future that we have the pleasure to serve for real estate buying, selling or investing needs in Toronto and the west GTA.

Thank you for your trust over the years and for the opportunity to be of service to you and for your referrals which means the world and is the ultimate compliment.