The Greater Toronto Area’s new home market has been a tale of two stories lately. We’ve seen single-family home sales surge—up 50% above the average with 781 units sold—thanks in part to an expanded HST rebate making a real impact for buyers. Meanwhile, condo sales have dropped sharply, falling 80% below the average at just 237 units. Prices reflect this shift: single-family homes are down 8.5% to $1.36M, while condos have inched up 2.5% to $1.05M. There are currently 18,546 units on the market.
These numbers underline how quickly our market can shift, highlighting the importance of clear, honest guidance. Whether you’re considering a move, an investment, or just want to understand what these changes mean for your plans, I’m here to help keep things simple and transparent. It’s never just a transaction—my goal is to help you make the right move with confidence.
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