After hitting near record highs the GTA Home Affordability Index has finally seen a reduction.  Helped by lower sale prices and bank lending rates improving we have seen some improvements in affordability.  We expect to see this improve more in the coming months as interest rates roll back through the year.

There is still good news on the horizon for buyers and home owners.  Expectations of a rate cut in March 2024 remain very realistic, and the markets are already preparing for it.  They also expect rates to start falling more towards late summer to the end of the year.
How will this impact the market?  See our 2024 GTA Real Estate Market Predictions to know more.

In the sprawling and dynamic real estate landscape of the Greater Toronto Area (GTA), finding the right real estate agent can make all the difference in securing your dream home or selling your property at the best possible price. With numerous agents vying for your attention, it's essential to navigate this competitive market wisely. This guide aims to provide you with valuable insights and tips on finding the perfect real estate agent in the GTA.
1. Define Your Goals
Before diving into the sea of GTA real estate agents, take a moment to define your goals. Whether you're buying, selling, or investing, understanding your objectives will help you find an agent with the expertise and experience that aligns with your needs.
2. Research and Recommendations
Start by researching potential agents in the GTA. Look for agents who specialize in your desired neighbourhood and property type. Personal recommendations from friends, family, or colleagues who have had positive experiences can be ...

With near record low delinquency rates in Canada another good indication of the health of the market is the % of home owners, whilst down from the peak in 2020 we are still at 66.5% of homes owned in Canada right now.