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With the Bank of Canada currently maintaining its rate at 2.25%, there’s growing conversation around what might be ahead for interest rates in 2027. Several major banks are forecasting gradual increases that year. For those of us keeping a close watch on economic trends, stronger growth could open the door for policymakers to lift rates further—especially if inflation stays stubborn.

What does that mean if you’re planning your next move in real estate? Higher rates can mean increased borrowing costs for both households and businesses, but they may also lead to improved returns on savings and fixed-income investments. For investors and homebuyers alike, it’s important to consider how a less accommodative environment could shape your options.

My approach is always to keep things simple, transparent, and stress-free, no matter how the market shifts. Whether you’re buying, selling, or exploring investment opportunities, I’m here to help you navigate these changes with confidence and clarity—so you can make the right move for your future.

Recently, Toronto’s housing starts have dipped 10% compared to last year—a clear signal that construction activity has slowed, especially in our city’s vibrant urban core. Right now, there are 37 building permits on file for 6,600 condominium apartment units that have yet to break ground. It’s important to remember that many of these projects may still move forward, since pre-sales often happened well before the recent slowdown in sales activity.

Housing-start data often lags what’s actually happening on the ground. Major projects in Toronto move through lengthy planning, pre-sale, and permit stages before shovels ever hit the soil. So, the numbers we see today might not fully capture the real-time pace of activity, and some of those permitted condos could still begin construction as the pipeline advances.

For clients and investors, this highlights why it’s so important to look beyond the headlines. My approach is rooted in making the market easy to understand and helping you move forward with clear, honest advice—whether you’re exploring pre-construction opportunities or weighing your next investment. Real estate decisions feel a lot less stressful when you have the right information and a relationship built on trust.

Labour Day in Canada marks a well-earned break celebrating workers and the unofficial end of summer, when everyone suddenly remembers all the things they meant to do in August.
It’s the last big excuse for barbecues, lake trips, and squeezing in one more summer adventure before routines and school schedules take over again.
Stores and sidewalks feel a little calmer, while patios and parks get their final big rush of summer energy and “just one more weekend” vibes.
Happy Labour Day! Wishing you a relaxed, fun-filled long weekend with good food, no alarms, and maximum enjoyment before fall shows up uninvited.

Falling mortgage rates are improving affordability and encouraging more Canadians to resume postponed home-buying plans.
Household formation remains resilient despite slower national population growth this year.
More first-time buyers are expected to support activity across the broader resale market.
Market confidence is forecast to improve gradually through late 2026.

In Early-Q3, GTA condo sales totaled 1.56K, essentially flat yearly, while the apartment benchmark price fell ~7% to $535.2K across the region.
New GTA condo listings reached 4.19K in Early-Q3, >2.6 times completed sales, keeping active supply elevated and buyers in a strong negotiating position overall.
Across the GTA, condo apartments sold for near 97% of asking price and averaged 40 days on market, showing units generally needed more time.
Price gaps persisted: Toronto's 416 condo avg. reached $672.8K in Early-Q3, while 905 units averaged $560.9K, with softer pricing especially evident outside Toronto.
Officials said growth and employment readings could improve confidence in coming months, but GTA condo stabilization remained a work in progress because supply stayed heavy.

Prices expected to remain weak or decline in early 2026, especially in high-density segments, before stabilizing toward late-year recovery.
Sales activity gradually rebounds from historically low levels, driven mainly by pent-up demand rather than strong economic expansion.
Housing starts fall to near multi-decade lows, especially condos, limiting future supply but reflecting current weak developer confidence.
Elevated inventory keeps market conditions buyer-friendly, constraining price growth despite improving affordability and lower borrowing expectations.