According to the latest Market Watch report from the Toronto Regional Real Estate Board (TRREB), January 2025 brought some promising signs for homebuyers. There were 3,847 home sales, showing that buyers are jumping back in. Prices are stabilizing, and new listings are on the rise-finally, some balance in the market!
Mortgage rates just dropped! Thanks to falling Government of Canada bond yields, you can now lock in a 5-year fixed mortgage for under 4%.
If you've been thinking about buying, upgrading, or just curious about the market, now is a fantastic time. Let's chat!