Rad Team

This Labour Day, recognition goes to the hard work, dedication, and perseverance that help build strong communities and meaningful futures.

For many Canadians, homeownership represents one of life’s biggest investments — built through years of commitment, planning, and hard work.

Here’s to celebrating the people and efforts that keep communities moving forward.

Happy Labour Day.

RAD TEAM SELLS ,Top 2% Royal LePage🇨🇦 2021

The GTA housing market continued to see fewer homes come to market in August, with new listings down significantly compared to last year. At the same time, sales were also slightly lower, as buyers in some areas had less chance.
While the market is still well below the price levels we saw a few years ago, the decline in inventory is something we will be watching closely. If fewer homes continue to come to market while buyer activity improves, we could see more competition and renewed price growth heading into the fall and winter.

This is an important distinction. Prices are no longer falling at the same pace we saw earlier in the year, while inventory is tightening. If that trend continues, we could be getting closer to a turning point in the market.

For buyers, the question may become whether to wait for more economic certainty or take advantage of current pricing before competition increases. For sellers, improving market conditions could provide more confidence to list, which would give buyers more choice and help keep the market balanced.
The big story heading into the fall is going to be inventory. If listings remain well below last year’s levels and sales begin to pick up, the balance between buyers and sellers could shift fairly quickly.

We are always available to assist you in all your real estate needs. Please never hesitate to reach out to us and I look forward to connecting with you soon.

RAD TEAM SELLS ,Top 2% Royal LePage🇨🇦 2021

The Bank of Canada is holding its policy rate at 2.25% once again.

While the rate remains steady, the economic conditions surrounding today’s decision continue to shift. The Bank pointed to signs of a broader recovery in Canada, alongside increased risks tied to inflation, energy prices and renewed trade uncertainty.

For buyers and sellers, the takeaway is that an unchanged interest rate doesn’t mean an unchanged real estate market. Mortgage rates, inventory, pricing, buyer confidence and local conditions all continue to play a role.

Rather than waiting for the next rate announcement, understanding what today’s market means for your specific plans can help you make a more informed decision.

Thinking about buying or selling? Connect with a REALTOR® for guidance based on your goals and local market.

RAD TEAM SELLS ,Top 2% Royal LePage🇨🇦 2021

The Bank of Canada has held its overnight lending rate at 2.25% as of June 10, 2026.

For buyers, sellers, and homeowners, the latest announcement signals continued stability in borrowing conditions, but not without uncertainty.

Inflation remains elevated, economic momentum has softened, and trade-related pressures continue to shape the Bank’s outlook.

For the real estate market, this creates a “wait-and-see” environment where strategy matters.

Buyers may have more clarity around financing expectations, while sellers continue to benefit from thoughtful pricing, strong presentation, and a clear understanding of current demand.

Staying informed is key as the next rate decision approach.

Turn on post notifications to stay up to date on the latest real estate and market updates.

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