Blog - Gerald Lawrence - General Manager, REALTOR®

Market Update

STOP WAITING: GTA Home Prices CRASHED 7.2%! 📉 The October/November Secret Buyers Need to Know Now

The October 2025 Durham Region real estate report reveals a balanced housing market characterized by lower home sales, increased inventory, and easing prices. The average sale price in Durham slipped by about 4-5% year-over-year to roughly $850,000, while homes sold for just under their list price and spent more time on the market. Inventory levels […]
Market Update

🤯 A Weekend of Overload: Clocks, Cleats, and ‘Staches in the GTA

What a whirlwind! If you live in the Greater Toronto Area, this past weekend wasn’t just another spin around the calendar—it was a sensory overload of major events, from time-bending clock changes to nail-biting sports drama and the annual start of a hairy health initiative. It truly felt like everything was happening all at once. […]
Mortgage Update

What the Bank of Canada’s Recent Rate Cut to 2.25% Means for Real Estate in Ontario 🏡

As a REALTOR® working in the Toronto area, this week’s interest-rate decision by the Bank of Canada (BoC) is very meaningful for you—whether you are on the buy side or the sell side of a real-estate transaction. Below is a breakdown of the decision, its real-estate implications, and how you and your clients can respond. […]
Market Update

Interest Rates Drop Again — Is Now the Time to Buy or Sell in the Greater Toronto Area?

Bank of Canada Rate Cut + GTA Market Snapshot On September 17, 2025, the Bank of Canada made its latest policy move: The overnight rate was cut to 2.50%, down from 2.75%. This came after several “holds” and in the context of weaker economic data: job losses, rising unemployment, softening demand, cooling inflation. This change […]

Market Update STOP WAITING: GTA Home Prices CRASHED 7.2%! 📉 The October/November Secret Buyers Need to Know Now The October 2025 Durham Region real estate report reveals a balanced housing market characterized by lower home sales, increased inventory, and easing prices. The average sale price in Durham slipped by about 4-5% year-over-year to roughly $850,000, while homes sold for just under their list price and spent more time on the market. Inventory levels […]

Market Update 🤯 A Weekend of Overload: Clocks, Cleats, and ‘Staches in the GTA What a whirlwind! If you live in the Greater Toronto Area, this past weekend wasn’t just another spin around the calendar—it was a sensory overload of major events, from time-bending clock changes to nail-biting sports drama and the annual start of a hairy health initiative. It truly felt like everything was happening all at once. […]

Mortgage Update What the Bank of Canada’s Recent Rate Cut to 2.25% Means for Real Estate in Ontario 🏡 As a REALTOR® working in the Toronto area, this week’s interest-rate decision by the Bank of Canada (BoC) is very meaningful for you—whether you are on the buy side or the sell side of a real-estate transaction. Below is a breakdown of the decision, its real-estate implications, and how you and your clients can respond. […]

Market Update Interest Rates Drop Again — Is Now the Time to Buy or Sell in the Greater Toronto Area? Bank of Canada Rate Cut + GTA Market Snapshot On September 17, 2025, the Bank of Canada made its latest policy move: The overnight rate was cut to 2.50%, down from 2.75%. This came after several “holds” and in the context of weaker economic data: job losses, rising unemployment, softening demand, cooling inflation. This change […]

Market Update Post #12278 GTA Housing Market Update: June 2025 – Your Complete Guide 📊 GTA Housing Market Update: June 2025 Your Complete Guide to Greater Toronto Area Real Estate Trends Gerald Lawrence – REALTOR® Coldwell Banker R.M.R. Real Estate, Brokerage 📧 Email Me 📱 416-556-0238 🎯 Market Snapshot: What You Need to Know The Greater Toronto Area housing […]

Property Update Move-In Ready & Full of Potential: Inside a Hidden Gem in the Heart of Stouffville 🏡 Just Listed: 14 Betula Gate, Stouffville A Beautiful Start in a Family-Friendly Neighbourhood Offered at $949,000 Welcome HomeA lovingly maintained 2-storey detached link home – perfect for young families and first-time buyers.📍 Stouffville, ON | 🛏 3 Beds | 🛁 3 Baths | 🚗 1-Car Garage 📲 Book a Tour TodayContact Me | 📞 […]

Market Update Rate Decision Breakdown: How US Tariffs and Rising Unemployment Are Shaping Canada’s Monetary Policy 🏦 Bank of Canada Holds Rate at 2.75% On June 4, 2025, the Bank of Canada (BoC) announced it would maintain its benchmark interest rate at 2.75%. This cautious move reflects concerns over inflation, trade uncertainty, and a moderating labour market. This is a significant moment, marking a continued pause in rate adjustments after previous cuts. […]

Market Update Housing Shift: Navigating April Pause – Buyers & Sellers Take Note! Canadian Housing Market Pauses in April 2025 Amid Shifting Conditions The Canadian housing market showed signs of a pause in its recent slump during April 2025, with national home sales remaining virtually unchanged from March. However, activity remains subdued compared to the previous year, and prices continue to see modest declines. This analysis, based on […]

Market Update 📊 GTA Real Estate Market Trends – April 2025 Update Author: Gerald Lawrence, REALTOR®Published: May 9, 2025Reading Time: 7-9 minutes 🔍 Introduction The Greater Toronto Area (GTA) real estate market continued to evolve in April 2025, reflecting broader economic pressures, buyer psychology, and seasonal trends. Whether you’re a homeowner, investor, or first-time buyer, understanding current housing data is critical. In this article, we break down […]

Market Update 📌 Capital Gains in Canada: A Must-Read Guide for Real Estate Investors Thinking about selling your rental or secondary property? Before you do, it’s critical to understand how capital gains tax can affect your bottom line. This guide explains what you need to know, what’s changed, and how to plan ahead. Capital Gains in Canada: What Real Estate Investors Need to Know Thinking about selling your rental […]

Market Update Detached Properties For Sale UNDER $500,000 in the GTA: A Rare Opportunity Detached Properties For Sale UNDER $500,000 Canadian Dollars in the GTA Detached homes priced under $500,000 in the Greater Toronto Area (GTA) are becoming increasingly scarce, yet they offer an exceptional opportunity for savvy buyers. In a market where the average detached property often costs well over $1 million, finding homes at this price point […]

General Info The Ultimate Guide: Key Steps to Buying a Home in Ontario for Immigrants or Returning Expats Buying a Home in Ontario for Immigrants Canada is one of the most immigrant-friendly countries in the world, and Ontario, being its most populous province, is often the first stop for newcomers. But buying a home or condo in Ontario-especially if you’re new to Canada or returning after time abroad-can feel like navigating a maze. […]

General Info 10 Powerful Ways to Build Canadian Credit Fast as a Newcomer How to Build Canadian Credit as a Newcomer Relocating to a new country comes with its own share of exciting opportunities and practical challenges. One of the most crucial tasks for any newcomer to Canada is learning how to build Canadian credit as a newcomer. Your credit score can open doors—or close them. From getting […]

Property Update ✨ For Sale: Majestic 4-Bedroom Home in Uxbridge’s Prestigious Gated Community with Golf Membership! MLS® Copy Realtor®.ca Listing More Photos Property Location Book Showing Submit Offer Welcome to 19 Forestgreen Drive, an exquisite estate nestled within the prestigious gated community of The Estates of Wyndance in Uxbridge, Ontario. This luxurious Sheffield model home, perched atop the community’s highest point, offers unparalleled privacy and breathtaking panoramic views. Situated on the […]

Market Update RATE HOLD! Bank of Canada Interest Rate Announcement – April 16, 2025 Bank of Canada Holds Steady Amid US Trade Turmoil: Decoding the Latest Monetary Policy Report The Bank of Canada, in its announcement on April 16, 2025, elected to maintain its target for the overnight rate at 2.75%, alongside the Bank Rate at 3% and the deposit rate at 2.70%. This decision arrives at a pivotal […]

Market Update The Impact of Tariffs on the Ontario Real Estate Market, with a Focus on the Greater Toronto Area 1. Introduction The Ontario real estate market, particularly in the Greater Toronto Area (GTA), has always been influenced by various economic factors such as interest rates, foreign investments, and government policies. However, one less commonly discussed factor is the role of tariffs. These import taxes, especially on construction materials, significantly impact housing costs, affordability, and […]

Market Update GTA March 2025 Real Estate Market: Enhanced Affordability and Increased Choices The Greater Toronto Area (GTA) real estate market in March 2025 has presented a landscape marked by improved affordability and a broader selection of properties for prospective homebuyers. This shift is attributed to declining borrowing costs, moderated home prices, and a surge in new listings. However, underlying economic uncertainties, particularly related to international trade tensions […]

Industry Update Canada’s GST Elimination for First-Time Homebuyers: A Comprehensive Analysis Main Topics Subtopics Introduction – Overview of Canada’s housing crisis – Government’s response to the crisis Understanding the GST Elimination – Definition of GST – Details of the GST elimination policy Advantages for First-Time Homebuyers – Financial savings – Increased affordability – Encouragement of homeownership Impact on Builders – Reduction in construction costs – […]

Property Update The Ultimate Stone & Siding Raised Bungaloft – A Dream Home on 3.87 Acres! Introduction: Welcome to Luxury, Space & Pure Awesomeness! If you’ve ever dreamed of a home that has it all—space, elegance, modern amenities, and enough parking for every single one of your friends—then buckle up, because this Stone & Siding Raised Bungaloft is about to blow your mind. Nestled on 3.87 acres of pristine land, this […]

Market Update Bank of Canada Cuts Policy Rate by 25 Basis Points to 2.75% Amid Rising Trade Tensions The Bank of Canada (BoC) has announced a 25 basis point reduction in its overnight target rate, bringing it down to 2.75%. Consequently, the Bank Rate is now set at 3.00%, while the deposit rate stands at 2.70%. This decision comes as the Canadian economy, despite entering 2025 on solid footing, faces growing uncertainty due […]