Strong Headwinds and a Glimmer of Hope

We hope this newsletter finds you well—and perhaps not too distracted by recent fluctuations in your investment portfolio. Toronto’s real estate market remained soft in March 2025. Total residential transactions declined by 17% compared to March 2024, with condominium apartment sales particularly weak, falling 22% year-over-year. Notably, March 2024 was itself a subdued month, making…

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There’s No Place Like Home

Toronto’s real estate market in February 2025 experienced a slowdown. Transaction volumes were down by 22% compared to the previous year, and year-to-date transactions for 2025 are 31% lower than the 5-year (2021-2025) average. Despite the decline in transaction activity, prices showed resilience, with average prices increasing by more than 1% compared to February 2024.…

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Falling Affordability = Lingering Inventory

Toronto’s real estate market went out with a whimper.  Although December transactions were higher than a year ago, last December’s sales volumes were ghastly.  Properties took on average 49 days to sell when factoring in that 25% of properties were re-listed.  Prices remained steady as many sellers chose to sell first before buying.  With less…

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