
Still fixated on waiting for lower interest rates before you buy?
You might be watching the wrong number. In the GTA, new listings are down nearly 19% year over year, while home sales have climbed more than 6%. That means more buyers chasing fewer homes—and supply is already tightening even before prices fully respond.
When inventory shrinks and demand heats up, the quiet window of opportunity closes fast. Most buyers assume they’ll wade in after the next Bank of Canada announcement, only to find themselves competing with the crowd. The real chances to secure a deal come just before the headlines flip.
If you’ve been sitting on the sidelines, now may be the moment to take another look—not out of fear, but because the market is shifting. Would you buy now, or keep waiting? Let me know in the comments.