In this update:
- Toronto and Durham market stats
- June events
- Two special mortgage programs for first time homeowners
Toronto Real Estate Market Trends:
Overall market conditions tightened in April - meaning sales increased, but there was not a proliferation of new listings. While sales are climbing compared to last spring, a dip in new listings means buyers are competing a bit more for available properties. I am finding that is especially true in the first time homebuyer market for move-in ready homes.
In Toronto, for the first time in a while we have seen 3 periods month-over-month increases in both sales numbers and prices. Last month the increases were in both freehold and condo properties.
How the core city compares to the surrounding suburban areas:
City of Toronto (416 Area Code)
Sales: 2,312
Average Price: $1,091,761
New Listings: 6,136
Rest of GTA (905 Area Code)
Sales: 3,634
Average Price: $1,026,653
New Listings: 10,961
Centennial, Scarborough:
- Sales: 9
- Average Price: $1,059,778
- New Listings: 19
Durham Region:
- Sales: 721
- Average Price: $844,018
- New Listings: 1,923
Zero to Homeowner in 90 Days: A First-Time Buyer Strategy You Haven't Heard About
Struggling to save for a down payment may be the hardest thing to accomplish. Waiting to save more means prices might jump faster than you can save. Between rising costs and daily expenses, saving enough can feel impossible. Many first-time buyers worry homeownership is years away—if it happens at all.
But what if you could go from zero savings to keys in hand in just 90 days, without adding financial burden? Here is how we do it:
A 90-Day Down Payment Program: Through specialized lenders, we help qualified buyers build a legitimate down payment from scratch—no family gifts or years of waiting required.
The HST Rebate Strategy: As a first-time buyer, you could qualify for a significant HST rebate. We show you how to use these funds strategically to wipe out the down payment loan right after closing.
This isn't theory. My financial team is actively helping local buyers buy homes in 90 days or less with zero down, leaving them in a strong financial position. Call me if you want to know more at: 416-562-5002
72 Bonacres - New Listing
This grand home has over 4000 sq ft. of living! 5+1 bedrooms, 4 bathrooms, finished walk-out basement. Tons of storage with 5 walk-in closets! Quiet luxury with beautifully updated kitchen and bathrooms. Wrap-around extra-wide deck for entertaining. The list of features goes on.
List price: $1,650,000
June Event: Home updates with best ROI for Downsizers
Renovate, refresh or just repair? How do buyers perceive ‘as is’ properties? What simple decor updates can you make to your home stand out beautifully, without overspending? Join me as we discuss these topics and more!
Tuesday June 23rd 2:00 - 3:00 pm
Hosted at Amica Pickering
1450 Pickering Parkway, Pickering ON
