July 2026 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

What a month it’s been! From an unforgettable run by Team Canada to the incredible atmosphere across the city, Toronto truly embraced the World Cup. Whether you were watching from a packed patio, hosting friends for a match, or simply soaking up the energy around town, it was a reminder of just how special summer in Toronto can be.

As we hit full summer stride, the city has settled into one of our favourite times of year. The patios are still buzzing, cottage traffic is in full swing, festivals seem to pop up every weekend, and neighbourhood parks are packed with people making the most of the sunshine. It’s one of the many reasons we’re so grateful to call Toronto home.

The real estate market has found its own summer rhythm as well. While things are generally moving at a more measured pace than in previous years, we’re continuing to see well-prepared homes attract strong interest, while buyers are benefiting from more choice and greater negotiating power in many parts of the market. It’s a market that continues to reward good strategy over good luck.

Whether you’re thinking about making a move this year or simply staying informed, we’re here to help you make sense of what’s happening and what it means for you.

Here’s your July 2026 Market Update. Let’s dive in.

While summer often feels like a time to slow down, it’s actually one of the best times to start planning for a fall move.

One thing we’ve learned over the years is that the best real estate decisions rarely happen overnight. Most of the families we work with begin the conversation 60–90 days before they’re actually ready to buy or sell. That extra time allows us to create a game plan, recommend improvements that will have the biggest impact, connect you with trusted professionals, and make sure you’re ready to hit the market when the timing is right.

For buyers, it’s a chance to review financing, understand today’s market, and be ready to act when the right home comes along.

For sellers, summer also offers something you can’t recreate later in the year: professional exterior photography. Even if you’re planning to list this fall or winter, we can arrange to have your home professionally photographed while the gardens are in bloom, the trees are full, and your property looks its absolute best. It’s one of the many planning services we offer to help our clients put their best foot forward.

Thinking about a move later this year? Let’s grab a coffee (or cold beer) this summer and build a plan. Your future self will thank you.

July & August are the perfect time to:

• Get an updated home value
• Capture professional summer exterior photography
• Create a personalized selling timeline
• Review your buying strategy
• Connect with our trusted contractors, movers, and mortgage professionals

The Toronto housing market continued to build momentum in June, with home sales increasing 5.3% year-over-year while new listings declined by 13.6%. As inventory continues to be absorbed, we’re seeing market conditions gradually tighten across many parts of the city. Buyers still have choice, but in the right neighbourhoods and for well-priced homes, competition is becoming more common.

One trend we’ve noticed firsthand is that the traditional spring market seems to be stretching further into the summer than usual. Rather than activity tapering off as families head to cottages and vacations, many buyers are still actively searching and writing offers. We suspect part of this is due to the slower start to the year, with buyers taking advantage of improved affordability and lower borrowing costs as confidence continues to build.

With that said, it’s important to remember that Toronto isn’t one market. Condos, freeholds, luxury homes, and different neighbourhoods are all behaving a little differently right now. While the condo market continues to offer buyers plenty of choice and negotiating power, well-presented freehold homes in desirable areas are attracting strong interest and selling with confidence.

Overall, the market feels healthier today than it did a few months ago. If this trend continues through the second half of the year, we could see prices stabilize and begin to trend upward as more buyers return to the market and competition increases.

Check out the June year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

Help Us, Help Others!

We’re incredibly thankful for the referrals you send our way. They make up a big part of our business. This year, on top of that usual support, we’re aiming to help 12 additional families with buying or selling in Toronto.

If anyone comes to mind who could use some guidance, we’d be honoured by an introduction. We promise to take great care of them (and make you look good ?).

Have a great month!

Chris and Ford

June 2026 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

This month, Toronto finds itself on the world stage as we welcome fans, players, and visitors from across the globe for the FIFA World Cup. Whether you’re a soccer fan or not, it’s hard not to feel the excitement. The city is buzzing, patios are packed, and Toronto is once again getting the chance to show off everything that makes it such a great place to live.

That same energy is showing up in some sectors of the real estate market as well. While we’re not seeing sold-out-stadium levels of competition just yet, more buyers are stepping back into the game, listings are moving, and confidence appears to be building as we head into summer.

What’s particularly interesting right now is that opportunities still exist on both sides of the market. Some neighbourhoods and property types are attracting multiple offers, while others continue to give buyers a little more negotiating room. Much like a World Cup match, success often comes down to timing, positioning, and having the right strategy.

As always, whether you’re buying, selling, investing, or simply keeping an eye on the market, understanding what’s happening at the local level is what matters most.

Here’s your June 2026 Market Update. Let’s kick things off (soccer pun intended)

One of the more interesting conversations happening in the market right now is around Ontario’s proposed changes to HST on new construction homes.

The province has introduced legislation aimed at expanding HST relief for buyers of newly built homes, with the headline idea being significant savings. potentially up to $130,000 for eligible purchasers of qualifying new builds. The goal is clear: improve affordability and help stimulate new housing supply at a time when both demand and construction activity have been under pressure.

On the surface, this is a meaningful incentive. For buyers, it could reduce the entry cost into brand new housing and potentially shift more demand toward pre-construction and newly completed homes. For builders, it may help improve project viability and unlock stalled developments that have struggled under higher financing and construction costs.

With that said, it’s important to note that this is still a proposal, not fully implemented policy. The final details, timing, and eligibility rules are still being worked through, and until everything is formally in place, there remains some uncertainty around how and when these savings will actually be applied.

As with most policy shifts in real estate, there are two sides to the story. Increased incentives can be a win for buyers, but they can also influence pricing, demand, and how builders structure future launches. In other words, what looks like “savings” on one side of the equation can sometimes be partially absorbed into pricing dynamics on the other.

We’ll be watching this closely over the coming months as more clarity emerges. If you’ve been considering new construction, this is one of those policy changes that may be worth understanding a little earlier rather than later.

As always, we’ll keep you updated as things evolve.

The Toronto resale market tightened in May compared to last year, with sales up year-over-year while new listings declined significantly (down 18%). In simple terms, more buyers are starting to re-enter the market while fewer new listings are coming online, which is gradually shifting conditions back toward a more balanced (and in some pockets, competitive) environment.

Pricing remains softer than last year overall, with benchmark prices still down year-over-year. However, the pace of decline is moderating, and month-over-month data is beginning to show early signs of stabilization.

What’s notable is the direction of travel: inventory is slowly being absorbed, and in certain neighbourhoods, buyers are starting to regain a bit of urgency as selection tightens. While buyers still generally hold negotiating power in many segments, that leverage is less pronounced than it was earlier in the year.

Looking ahead, if sales continue to strengthen relative to new listings, we could see pricing flatten first, followed by gradual upward pressure as we move further into the year.

Check out the May year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

Help Us, Help Others!

We’re incredibly thankful for the referrals you send our way. They make up a big part of our business. This year, on top of that usual support, we’re aiming to help 12 additional families with buying or selling in Toronto.

If anyone comes to mind who could use some guidance, we’d be honoured by an introduction. We promise to take great care of them (and make you look good).

Have a great month!

Chris and Ford

May 2026 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

Spring has officially arrived in Toronto, and with the nicer weather, you can feel the market starting to come back to life. More buyers are stepping out, listings are picking up, and that familiar spring energy is building again across the city.

What’s interesting right now is how different pockets of the market are creating opportunities in different ways. Some neighbourhoods and property types are seeing competition ramp back up, while others are still giving buyers a bit more room to breathe. It’s not one-size-fits-all, and that’s actually where the opportunity lies.

Think of it like patio season – Some spots are already buzzing, others you can still walk right into and grab a great table. The key is knowing where to look.

With momentum building and conditions starting to tighten, this is the kind of market where a smart plan can really pay off, whether you’re buying, selling, or just keeping a close eye on things.

Here’s your May 2026 Market Update. Let’s dive in.

There’s a massive wave of wealth moving through Canada right now, and it’s starting to leave a real mark on the housing market. Experts estimate that over $1 trillion will be passed down from baby boomers to younger generations between 2023 and 2026, with a significant portion coming from real estate gains.

Here in Toronto, we’re seeing this play out in real time. More buyers (especially first-timers) are getting a financial boost from family, whether it’s help with a down payment or early inheritance. In fact, nearly 1 in 3 first-time buyers recently received support, with average gifts now north of $100K. That kind of backing can be the difference between sitting on the sidelines and actually getting into the market.

From a market perspective, it’s quietly adding fuel to demand. Buyers with support can act faster, compete more aggressively, and stretch a little further on price, particularly in entry-level and family-friendly segments. At the same time, it’s creating a wider gap between those who have access to that help and those navigating things on their own. And that’s where it gets interesting. This isn’t just a financial trend – it’s starting to shape who’s able to participate in the market, how competition plays out, and even what “affordability” looks like from one buyer to the next.

It raises a bigger question: how much is family support influencing today’s market, and where does that leave buyers going it alone?

We’re always curious what you’re seeing out there. Are more buyers in your circle getting a boost from family, or are you noticing the pressure from the other side of the table? Are you considering giving your children an early inheritance so that they can get into the market?

We’d love to hear from you!

April brought a subtle but important shift in the GTA housing market. Sales were up 8.6% year-over-year, with 2,312 homes trading hands, while new listings dropped by 13.6%, pointing to a market that’s beginning to tighten as we move through the spring season.

Even with improving activity, buyers are still benefiting from relatively softer pricing, with the average home price sitting at $1,091,761, down 4.6% from last year.

With that said, prices have started to stabilize on a month-over-month basis, suggesting the window of opportunity may not stay open for much longer.

Lower borrowing costs and improved affordability have brought more buyers back into the market, but there’s still a significant amount of pent-up demand waiting on the sidelines. If listings remain constrained and confidence continues to build, we could see competition increase in the coming months, particularly for well-priced homes in desirable neighbourhoods.

Check out the April year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

March 2026 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

March is when the Toronto market really starts to stretch its legs. The quiet pause of January fades, new listings begin to pop up, and buyers who spent the winter “just watching” suddenly start stepping into the game. You can almost feel the energy shifting across Toronto as we move closer to the spring market.

It’s also the time of year when some of the bigger conversations about housing in Toronto start bubbling up again. Development is one of them. Some people welcome the cranes on the skyline as a sign that our growing city is creating more homes. Others worry about the impact on neighbourhood character, traffic, and years of construction disruption. Like most things in real estate, there are thoughtful arguments on both sides.

What we do know is this: demand for housing in Toronto isn’t going anywhere. As the market slowly builds momentum, strategy, timing, and preparation are becoming more important than ever for buyers and sellers looking to make smart moves this year.

Here’s your March 2026 Market Update. Let’s dive in.

If you’ve lived in Toronto for more than five minutes, you’ve probably had this conversation.

“Why are they building another condo here?”
Or…
“Where else are people supposed to live?”

The truth? Both sides have valid points.

The Case For Development

Toronto continues to grow. New families, newcomers, young professionals, downsizers, and they all need housing. Without new supply, prices can climb quickly, making it harder for the next generation to put down roots.

New development can also bring:

• Increased housing options (condos, purpose-built rentals, townhomes)
• Revitalized streetscapes and infrastructure upgrades
• New retail, restaurants, and amenities
• Long-term property value growth in evolving neighbourhoods

Growth, when done well, can mean vibrancy. Think improved transit, better walkability, and more complete communities. Cities either grow… or they slowly fade. Toronto clearly isn’t choosing the second option.

The Case Against Development

On the flip side, change isn’t always comfortable.

Residents often worry about:

• Increased traffic and congestion
• Strain on schools, parks, and transit
• Years of construction noise and disruption
• Loss of neighbourhood character

For homeowners who moved in for tree-lined streets and a certain “feel,” a 40-storey tower next door can feel like a shock to the system. Development can sometimes outpace infrastructure planning, which is where frustration tends to boil over.

The Real Conversation

This isn’t really about “pro” versus “anti” development. It’s about balance.

How do we add housing without overwhelming communities?
How do we protect neighbourhood character while still making room for the next generation?

How do we plan smarter so infrastructure keeps up with growth?

Toronto’s challenge isn’t whether to grow, it’s how to grow well.

And whether you love cranes on the skyline or wish they’d take a holiday, the reality is that development will continue shaping our city. The key is thoughtful planning, strong community input, and policies that aim for long-term livability.

So… Where Do You Stand?

Are you in the “build more homes yesterday” camp?
Or the “let’s protect the neighbourhood feel” camp?

Maybe you’re somewhere in the middle – supportive of growth, but only if it’s done thoughtfully.

We’d genuinely love to hear your take.

Hit reply and let us know:

• Is there a development near you that you’re excited about?
• Or one that makes you shake your head every time you drive by?
• Do you think Toronto is growing the right way?

These conversations matter. Development impacts property values, rental demand, neighbourhood character, and long-term investment potential….whether we’re talking about a condo downtown or a family home in the core.

Your perspective helps us better understand what local families are thinking, which ultimately helps us serve you (and others) at a higher level.

Looking forward to hearing your thoughts, we read every reply.

The latest numbers from Toronto Regional Real Estate Board suggest the market is tightening, but maybe not in the way many people expected.

In February, there were 1,491 home sales across Toronto, about 3% lower than this time last year. At first glance that might sound like the market is slowing, but the bigger story is actually happening on the supply side.

New listings dropped roughly 13% year-over-year, meaning fewer homes are coming to market. When listings fall faster than sales, it naturally starts tightening conditions and can increase competition among buyers over time.

Right now, many buyers appear to be taking a “wait and see” approach – watching prices closely and hoping for stability before jumping in. At the same time, industry estimates suggest more than 100,000 potential buyers are sitting on the sidelines, waiting for the right moment.

Prices have adjusted over the past year as well. The average Toronto home price in February was $1,019,144, roughly 6% lower than a year ago.

What does this mean in practical terms?

If listing inventory continues to remain tight heading into the spring market, the combination of limited supply and pent-up buyer demand could bring more competition back into the market, particularly in desirable neighbourhoods.

In other words: the spring market may end up being less about how many buyers are out there and more about how many homes actually come up for sale.

Check out the February year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

February 2026 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

February is when the market starts to wake up. The initial pause of the new year is behind us, conversations are getting more serious, and we’re seeing early signs of activity from buyers and sellers who are planning ahead for spring.

We’re heading into the rest of 2026 feeling encouraged by the momentum building across the city, and grateful for the trust and conversations we continue to have with so many of you. Whether it’s long-term planning, early prep, or just keeping a close eye on the numbers, this is a month where clarity really matters.

The Toronto market is offering opportunities for those paying attention. Strategy, timing, and preparation are becoming increasingly important as confidence slowly builds.

Here’s your February 2026 Market Update.  Let’s keep moving forward with clarity and confidence.

Since the start of 2024, we’ve seen something Toronto buyers haven’t enjoyed in a while: prices and mortgage rates moving in the right direction at the same time. Average home prices are meaningfully lower than their peak, and mortgage rates have come down from the highs we were dealing with just a couple of years ago.

The average home price has dropped from about $1.06M in 2024 to just under $987K in early 2026, while 5-year fixed mortgage rates have eased from 5.5% down to roughly 4.14%. When those two forces work together, monthly payments shrink in a meaningful way.

Here’s the real-world impact:
A typical monthly mortgage payment has fallen from about $5,190 in January 2024 to roughly $4,212 today. That’s nearly $1,000 per month less than what buyers were facing just two years ago, and about $525/month cheaper than January 2025.

That’s not pocket change. That’s daycare money, investment money, or “still enjoying life while owning a home” money. 

Now, we recognize that the cost of living in other areas of life may have increased, but at least the cost of home ownership has improved – a highly debated topic that has been at the top of people’s complaint lists for many recent years!

At a headline level, the market looks calmer than this time last year. Sales are down, average prices are softer, and the pace feels more measured overall. But zoom in, and the story changes quickly.

In well-priced, well-prepared homes, we’re still seeing, in some cases, multiple offers, bully offers, packed showings, and sales well above the asking price. On the other hand, homes that entered the market without a clear strategy are sitting longer, offer nights come and go, and some listings are quietly being re-listed after missing the mark.

This creates a uniquely opportunistic market. Buyers who are prepared and decisive can find real leverage in quieter segments, while sellers who invest in preparation can still generate strong competition and premium results. In today’s market, strong pricing, preparation, and marketing are what separate Sold from Stalled.

Check out the January year-over-year stats below for more information on the current market. 

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

January 2026 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

Somehow, just like that, we’re stepping into January and welcoming a brand-new year. The holiday glow may be fading, but there’s something energizing about clean calendars, fresh goals, and that unmistakable “new year, new possibilities” feeling.

As we look ahead to 2026, we’re feeling incredibly optimistic. Last year reminded us how powerful community can be. From helping families start new chapters, to welcoming new neighbours, and reconnecting with so many of you at events, open houses, and everyday check-ins. Those moments are what make this work so meaningful, and we’re so grateful to head into another year with such an amazing community around us.

And of course, the Toronto market is already giving us plenty to watch. January brings reflection, strategy, and early opportunities for those thinking ahead. Whether you’re planning a move this year or simply keeping an eye on what’s next, staying informed and intentional will be key.

Here’s your January 2026 Market Update. Let’s kick off the year with clarity, confidence, and a little excitement for what’s ahead.

A new year is the perfect time to reflect, reset, and look ahead. Whether you love setting goals or prefer to keep things flexible, if real estate is on your mind in 2026, we’re here to help.
Maybe your family is growing and you’re ready for more space.
Maybe the kids have flown the nest and it’s time to right-size.
Maybe you’re dreaming of owning your first home and building equity for your future.
Or maybe you’re curious about investing and creating long-term wealth through real estate.

Whatever stage you’re in, our goal is to make the process clear, strategic, and as stress-free as possible.

Even if your plans are a few years out, we’re always happy to start with a casual, no-obligation conversation so you’re set up for success when the time is right.

Let’s make 2026 a year of smart moves and exciting possibilities.

Real estate in December tends to take a slower approach. Buyers and Sellers often put their real estate needs on hold, so that they can focus their time with family and friends, while recharging after a busy year.

The TO Group always takes time to reflect on all of the successes and challenges from the year prior. This allows us to improve our services and come back stronger in the new year to support our awesome clients (old and new!).

2025 was an interesting market. Expectations were optimistic out of the gate, however some economic uncertainties created a bit of a roller coaster effect as we moved through the year.

For the month of December, Toronto home sales actually increased compared to December 2024, which was nice to see. However, with more listings on the market, buyers had greater negotiating power, leading to lower selling prices and improved affordability. For the month, new listings increased by 9.4% and the average selling price fell 4.6% to approximately $986K.

Lower prices and easing mortgage rates have helped set the stage for a potential market recovery. As confidence in the economy and job market improves, pent-up demand is expected to drive increased activity in the months ahead.

Check out the December year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

December 2025 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

Somehow we’ve already made it to December! The month when the city glows, our calendars get chaotic, and the group chats fill with ‘when are we getting together?!’

Looking back on 2025, we can’t help but feel incredibly grateful. This year was full of amazing moments: helping families make big moves, welcoming new neighbours to our beautiful city, and connecting with so many of you at our community events. Whether you joined us for pumpkin pie, ice cream in the park, the food drives, or even just a quick chat at an open house… thank you for making our year what it was.

And of course: the Toronto market kept us on our toes in classic Toronto fashion. But through every twist and turn, opportunities continued to pop up, and buyers and sellers who stayed curious, informed, and strategic really thrived.

Here’s your December 2025 Market Update. Let’s wrap up this year strong and step into the next one ready for big things.

Right now is actually the sweet spot to start talking about a 2026 move.

The market is shifting, inventory is changing, and the folks who plan early almost always end up in the strongest position.

Whether that’s locking in the right neighbourhood, prepping a home for maximum value, or timing a sale so it feels smooth instead of stressful. Think of it like getting a head start on the Gardiner before everyone else piles on – way less traffic, way better outcomes.

If 2026 is even somewhere on your radar, now’s the perfect time for us to sit down, map out a strategy, and make sure you’re walking into the market with confidence (and maybe even an advantage).

Let’s get ahead of the curve while everyone else is still snoozing on it.

November’s numbers paint a familiar picture: sales, new listings, and average prices all came in lower than this time last year. Many buyers are still sitting tight, waiting for more stability in the job market and the broader economy.

But here’s the good news: November’s employment data was stronger than expected, and economists are feeling more optimistic heading into 2026. Confidence is the missing ingredient, and once that returns, more buyers will be ready to jump back in.

In November 2025, Toronto saw 1,912 sales (down 14.5% year-over-year) and 4,171 new listings (down 4%). Prices dipped as well, with the average selling price landing at $1,036,362, about 4.1% lower than last year.

For now, buyers benefit from a well-supplied market, but that won’t last forever. As inventory gets absorbed, we’ll need more new construction, especially missing-middle housing, to keep pace with demand.

Check out the November year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you

The Great Reset – Redefining Value in Canada’s Housing Market

For anyone who geeks out on market strategy like we do, Steve Tabrizi, our Remax Hallmark COO and resident forecasting wizard, just released his 2026 outlook.

Smart insights, clear explanations, and some analysis-backed predictions (spoiler alert! – he’s usually bang-on with his predictions!)

Video link if you want the inside scoop. >>>

We’re Here To Help!

As we head into 2026, here’s one thing we want you to know:
The greatest gift you could give the TO Group is an introduction to someone in your world who could use a little real estate guidance. Friends, family, neighbours, colleagues, etc.

We’re always here to help them navigate the market with confidence (and while having a little bit of fun along the way).

Cheers and have a safe and happy holiday season!

Chris and Ford

November 2025 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

November’s here, and what a month October was!

Between the changing leaves, cozy fall vibes, and the incredible World Series run by our Toronto Blue Jays, it’s hard not to feel inspired. Sure, they didn’t take home the title this year, but the heart, hustle, and camaraderie they showed? That’s what being part of this city is all about. We were beyond thankful to make it to some playoff games, including game 1 of the World Series!

And speaking of excitement, the Toronto real estate market is showing its own kind of energy right now. Buyers are still active, sellers are adjusting strategically, and opportunities continue to pop up across the city.

For those looking to make a move before the end of the year, there is still time to get into your new home before the Holidays!

Planning a move in 2026? Let’s chat now. A little prep this fall goes a long way toward making your home shine when the market heats up again in the new year.

Here’s your November 2025 Market Update!

If you bought at the height of the market, you might be wondering if it still makes sense to move. Here’s the surprising truth, it could actually be the perfect time to move up into your next home.

Here’s why:
Even though prices have come down (roughly 12.3% since the peak), that drop also applies to the higher-end homes. So while your current property may have dipped in value a bit, the home you’re moving into has likely dropped by even more in dollar terms.

That means your next move might cost you less than it would have when prices were at their highest, even if your current home has softened a little.

For Example: Let’s say you bought a home for $1 million that’s now worth around $875K. That’s a $125K drop. But that $1.5 million home you’ve been eyeing? It’s also down 12.3%, which means you’re now paying around $1.3 million instead of $1.5. So yeah, on paper you ‘lost’ $125K, but you’re saving $200K on the upgrade. That’s a net win all day long.

So if you’ve been dreaming about a bigger backyard, an extra bedroom, that quiet home office, or that perfect neighbourhood, this could be your window to make it happen.

Curious what the numbers look like for your specific situation?* Let’s crunch them together. You might be surprised at what’s possible in today’s market.

*Numbers will vary depending on type of home and neighbourhood.

October brought a cooler pace to the Toronto housing market, a trend that’s giving buyers a bit more breathing room. Sales in the city of Toronto were down 6.3% year-over-year, while new listings were relatively flat, meaning there are more homes to choose from and sellers are slowly adjusting to today’s realities.

The average selling price in October came in at $1,069,807, down 8.2% from last October, with the largest decreases seen in Detached and Rowhouse segments. On the flip side, mortgage rates have ticked down slightly, easing monthly payments for those ready to buy.

For confident buyers (especially those secure in their jobs and finances) this market offers an opportunity we haven’t seen in a few years: less competition and more negotiating power. Lower borrowing costs and softer prices mean you can often move up into a home that might have been out of reach during the peak years.

TRREB’s outlook suggests activity will strengthen once there’s more economic certainty, but in the meantime, motivated buyers are quietly taking advantage of these conditions.

In short: while some are sitting on the sidelines, smart buyers are finding value right now, and setting themselves up for long-term wins.

Giving Back!

A huge thank-you to everyone who came out to our first annual Pumpkin Pie Giveaway in the Park! ? We went through 100 pies in just 18 minutes! Clearly, our neighbours have a sweet tooth! It was amazing to see so many familiar faces (and meet some new ones) out enjoying a perfect fall day together. We’re already planning to do it again next year… with even more pies next time around!

And on the topic of community initiatives….please SAVE THE DATE: December 11th for our East Side Food Drive – Holiday Season Edition!

This annual event supports the Daily Bread Food Bank, and it’s one of our favourite ways to give back. We can’t wait to spread some holiday cheer (and pick up a lot of food) across the East End again this season.

Protect Your Largest Investment: Your Home

For most of us, our home is our biggest investment. So it’s important to protect it, especially from the challenges of Canadian winters. A well-maintained home not only ensures comfort and peace of mind but also helps preserve and even increase its value.

By keeping your home in top condition, you’re setting yourself up for a better return when you decide to sell.

Ready to get started? Click below for your complimentary Fall Home Maintenance Checklist to ensure your home stays in prime condition year-round.

We’re Here To Help!

As always, we would be happy to help you and any of your friends, family, colleagues, or neighbours with real estate services or advice. If you can think of anyone who could use our help, feel free to make an introduction! We promise we’ll make you look good.

Cheers!

Chris and Ford

October 2025 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

October is here! The leaves are changing, the air’s crisp, and Toronto is settling into fall routines, and pumpkin spice is officially out of hiding. Let’s not forget our beloved Blue Jays return to October Baseball – LET’S GO JAYS!

The real estate market is in full swing too!

Fall is traditionally one of the busiest seasons. Buyers are focused, sellers are motivated, and fresh listings are hitting the market.

It’s a great time to take stock:

Thinking of selling? This is one of the prime windows before the holiday slowdown.

Buying? Inventory typically expands this time of year, giving you more choice.

Just curious? Keeping tabs on your neighbourhood’s market activity can give you a sharper edge when you do decide to move.

And because fall wouldn’t be complete without a little sweetness… let’s just say there may be some pumpkin pie in your future (see below for details!)

Here’s your October 2025 Market Update!

 

 

September gave the Toronto market a bit of a boost. With the Bank of Canada’s recent rate cut, monthly mortgage payments became a little more manageable, and that helped to bring more buyers off the sidelines. Compared to last September, sales jumped 14.1%, even though prices were down about 2.1% year-over-year. Buyers are still enjoying a lot of choice, which means they’ve been able to negotiate in many cases and keep prices in check.

But here’s the twist: not every part of the market feels the same. While condos are moving at a slower pace, in-demand freehold properties are still drawing crowds, and yes, multiple offers are very much still happening in some pockets. Month-to-month, sales ticked up from August while new listings remained steady, which could add a little extra pressure to certain neighbourhoods as we head deeper into the fall market.

The big picture? Buyers are cautiously stepping back in, sellers who price strategically and present well are finding success, and the market continues to be a mix of opportunities and challenges depending on the property type and location. It’s shaping up to be a lively (and competitive) fall season.

Check out the September year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

 

FREE PUMPKIN PIE!

Join Us At Our First Annual Pie Giveaway

We love our amazing clients and our neighbourhood, so we’re saying THANK YOU the sweetest way we know how… with FREE pie!

On Saturday, October 11 at 10am, we’ll be at Greenwood Park giving away *100 free pumpkin pies.

Come by, grab one, and let’s kick off Thanksgiving weekend together!

*first come, first served. Limit 1 pie per family.

 

Fixed vs. Variable: What’s the Right Mortgage for You?

One of the most common questions we hear is: should I go with a fixed or variable rate mortgage? The truth is, there’s no one-size-fits-all answer. It really comes down to your comfort level and long-term goals.

A fixed rate gives you stability: you’ll know exactly what your payments are for the entire term. That peace of mind is great for budgeting (especially for first-time buyers), and it protects you if rates rise. The trade-off? Fixed rates usually start a bit higher, and if you need to break your mortgage early, penalties can sting.

A variable rate, on the other hand, often starts lower and has historically cost less over the long run. Penalties for breaking early are typically smaller too. But there’s more uncertainty: your payments can change if rates move, and that can be stressful if you’re tight on cash flow.

Right now, fixed rates are sitting close to long-term averages and look pretty attractive, especially 5-year terms for those who want stability. With that said, with the Bank of Canada expected to cut rates again, variable borrowers could see more savings if they’re comfortable riding out short-term bumps.

At the end of the day, it’s about what helps you sleep at night: the predictability of fixed, or the potential savings of variable. If you’re not sure, we can connect you with one of our trusted mortgage brokers to run the numbers for your situation.

 

We’re Here To Help!

As always, we would be happy to help you and any of your friends, family, colleagues, or neighbours with real estate services or advice. If you can think of anyone who could use our help, feel free to make an introduction! We promise we’ll make you look good.

Cheers!

Chris and Ford

September 2025 Newsletter

Thurston Olsen Real Estate Group

Hey Friends!

September already? The CNE’s packed up, the kids are back to school, and pumpkin spice is quietly plotting its comeback.

Toronto is shifting gears, from summer patios to fall routines, and the real estate market is doing the same.

The Fall Market is traditionally one of the busiest seasons in Toronto real estate. With buyers focused, sellers motivated, and a fresh wave of listings hitting the market after Labour Day, it’s a prime time to make a move.

Whether you’re settling back into city life, keeping an eye on your neighbourhood’s activity, or thinking about a fall sale, we’ve got you covered.

Here’s your September 2025 Market Update. Your go-to for the latest stats, insights, and trends to help you stay ahead.

Out in the field this past month, the story has been about choice. August sales were up compared to last year, but new listings climbed even higher, giving buyers the upper hand in negotiations. With average prices sitting 3.6% lower year-over-year, many buyers are taking their time, shopping around, and some securing homes below asking. With that said, the right houses are still attracting eager buyers, and in many cases, multiple offers!

For sellers, this means strategy is key, homes that are well-priced and well-presented are the ones that stand out and sell.

While activity dipped slightly from July, the market is still well-supplied heading into fall. With interest rates holding steady, and whispers of future cuts (possibly even a .25% cut this month), there’s a sense that more buyers could step back in as affordability improves.

In short, it’s a balanced market with opportunities on both sides, and the next few months could be an important window for making a move. The key is knowing how to navigate the market (we can help with that ).

Check out the August year-over-year stats below for more information on the current market.

If you would like statistics specific to your neighbourhood, an updated Comparative Market Analysis for your home, or help deciphering what the numbers could mean for you, please let us know and we would be happy to provide that for you.

What Is Bridge Financing (And Why Might You Need It)?

Buying your next home before your current one closes is a common occurrence in real estate, and it’s crucial that you have your ducks in a row, before you pull the trigger.

That’s where bridge financing comes in. It’s a short-term loan that lets you tap into the equity from your existing home so you can put a down payment on your next one, without waiting for the sale to officially close.

Why it matters:

– You can secure your dream home without stressing over matching closing dates (super important if competing for your new home).

– It gives you breathing room to accept the best offer on your current place, even if the dates don’t line up.

– Extra flexibility: move in gradually, do a few renos, or skip the hassle of temporary housing and storage.

How it works:
Once your current home is sold (firm deal in place), your lender can set up a bridge loan that gets paid back when your sale closes. Most lenders offer them, but the key is that your mortgage is usually with the same lender.

A pro tip:
If possible, negotiate a longer closing date on your purchase. Lenders often need at least 15 business days between your sale and purchase closing dates to make the bridge financing process smooth and stress-free.

What does it cost?
Bridge loans are short-term (usually 30–90 days), with interest rates a bit higher than your mortgage (typically 2–4% above prime) and sometimes a flat admin fee ($200–$500). The good news? Since they’re short-lived, costs usually stay manageable.

Part of our job is making sure you’re set up for success. It’s the little details that can easily get missed without the right guidance, and that’s where we come in. With our experience and network of trusted professionals, we’ll help make your next move as smooth as possible. Have questions? Just reach out, we’re here to help!

COMING SOON!

The Fall market is starting off with a bang and we’re very excited to share that we’ve got three awesome new listings hitting the market this month!

A super-cool loft in the heart of King West with a huge private terrace and CN tower views, a wide and character-filled Beaches semi with tons of potential, and a Leslieville detached beauty, steps to Greenwood Park that checks all the boxes.

If one of these sounds like it could be your next move (or you know someone who’s looking), let’s chat! These gems won’t last long!

We’re Here To Help!

As always, we would be happy to help you and any of your friends, family, colleagues, or neighbours with real estate services or advice. If you can think of anyone who could use our help, feel free to make an introduction! We promise we’ll make you look good.

Cheers!

Chris and Ford