Perspectives
No predictions, no hype. Observations from twenty years in the GTA market, written for people who want to understand what is actually happening.
Every spring, the market is described as either booming or softening depending on who is doing the describing. Here is what the data and the showings actually showed this year.
A property that sits for 30 days with no offers does not just fail to sell — it trains buyers to assume something is wrong. The math on getting the price right from day one is not complicated.
Pre-construction purchases carry risks that are not visible in the sales centre. Occupancy timelines, assignment clauses, and closing cost estimates deserve scrutiny before you sign.
Waiting for rates to fall before buying sounds prudent. Whether it is depends on your situation, your timeline, and what the competition will look like when rates move. This is how to think through it.