Michael Duggal - Realtor

The Greater Toronto Area resale market conditions tightened recently, with sales and listings decreasing. Homebuyers are facing more competition and many would-be buyers are waiting for confidence in the market. 5995 sales were reported, a decrease of 0.9% year over year, and new listings on mls amounted to 14,844 down by 17.8% year over year. Michael Duggal shares the market information as well as his thoughts.

Is Canada turning into a nation of renters? We analyze the construction and future of our Greater Toronto Area real estate market. Some cities and neighbourhoods are pulling ahead right now as the average price has increased year to date. How does the recent Bank Of Canada interest rate announcement affect our market for buyers and sellers? With tighter supply and stronger demand, we could see increased competition through the rest of the year.

A company is buying 1000+ unsold condos in the Greater Toronto Area? Michael Duggal will share this thoughts and cover this story as buyers may have to compete with corporate giants! The average sale price has increased throughout the past 3 months, however single family homes have dropped in value by 7%.

The Greater Toronto Real Estate market became more competitive in May 2026 compared to a year ago. Home sales rose while new listings fell, which reduced available inventory. As buyers absorbed more of the existing supply, competition increased in some neighbourhoods across the Greater Toronto area. Lower home prices and lower borrowing costs helped improve affordability and boost sales activity. Toronto's real estate board expects sales to keep improving through the second half of 2026, especially if economic uncertainty eases. In May, 6,583 homes sold, up 6.3% from last year, while new listings dropped 18.9% to 17,698.

The Greater Toronto Area saw over 17,000 new listings enter the market in the past month, while the number of sales was under 6,000. The average price has slightly increased month over month for most property style, though values are down 7% year over year. Michael Duggal will share our updated market stats and share his insights.

Michael Duggal analyzes the April 2026 TRREB, and Ontario data and with a 7% year-over-year increase in sales and a rapidly tightening the Greater Toronto Area market. We also cover the landscape for agents and their clients at RE/MAX, Real Brokerage, and Save Max.

The Greater Toronto market is showing a distinct shift: the average price is $1,017,796 and home sales have risen 1.7% year over year. Even with that rise in demand, new listings have dropped 16.7% year-over-year, which has reduced the inventory available for buyers. The Bank of Canada is holding interest rates steady as they monitor how world events impact consumer confidence. The HST adjustment on new construction homes has significantly impacted the real etate market. Michael Duggal will share this market data long with a strategy on how you can capitalize on the current situation.

The average price in the Greater Toronto area is $1,017,796, while home sales have actually increased by 1.7% compared to last March. Despite this increase in demand, the number of new listings is down 16.7% year over year, causing the market to tighten. The Bank of Canada is currently holding interest rates steady as they monitor how geopolitical stability will impact consumer confidence. Michael Duggal will present information about the Greater Toronto Real Estate market and share how you can capitalize on the current situation.