Jason, spring has arrived, bringing renewed activity to the housing market and the first real estate update of Q2. In this recap, we’ll cover recent sales and pricing trends, shifting buyer dynamics, and key policy developments shaping the road ahead.
Sales and Average Price Down in March 2025
The Toronto Regional Real Estate Board’s (TRREB) Market Watch report of April 3, 2025 highlighted new sales in the GTA last month were down 23.1% compared to March of 2024, as well as the average selling price, which saw a small dip of 2.5% to $1,093,254, while it remained flat month-over-month, seasonally adjusted.
Amid current trade developments and the upcoming federal election, many households may be thoughtfully timing their home buying and selling decisions. Nevertheless, buyers and sellers alike are proceeding with confidence and well-informed foresight.
Mercer went on to note that a resolution to trade concerns alongside trade-affirming public policy choices could result in an increase in sales going forward.
Low Borrowing Costs, More Listings Make Homes More Affordable
With costs of borrowing and home prices declining over the last twelve months, the market is currently benefiting buyers. The TRREB report identified that new listings were up by 28.6% year-over-year, allowing buyers, as TRREB President Elechia Barry-Sproule notes, to “benefit from increased choice, giving them greater buying power.”
Federal Party Platforms See Housing as Priority
TRREB CEO John DiMichele suggests that the upcoming election has highlighted the importance of housing to Canadians: “The federal parties continue to view housing as a key priority based on the various election platforms.” DiMichele went on to opine that building new housing “will be a key economic driver moving forward.”
Optimism Ahead
Increased inventory, sustained buyer interest, and a political climate focused on housing solutions all point to a market poised for renewed momentum. Sellers can take heart knowing that informed, motivated buyers are out there. And as economic conditions stabilize and confidence builds, the spring and summer seasons hold promising opportunities for those ready to make their move.
Contact The Vetere Team Today!
Rain or shine, we are here to share our decades of real estate experience with you, whether you’re selling your home or seeking to purchase one. We look forward to hearing from you, any time!
WELCOME HOME
FEATURED LISTING
3 Bed | 3 Bath | Asking Price: $849,000 | Taxes: $2,547 | Maintenance: $520.00 | Oakville
14 – 1532 Sixth Line, Oakville (1003 – CP College Park)
Welcome to this meticulously renovated 2-storey end-unit townhome in Oakville’s coveted College Park neighborhood. With 3 spacious bedrooms, 3 luxurious bathrooms, and high-end finishes throughout, this home seamlessly blends modern design and comfort. The open-concept layout features hardwood floors, a gourmet kitchen flowing into the living area, and a custom deck with built-in benches and a gas hookup ideal for entertaining. The primary suite includes a private 4-piece ensuite, while the other bedrooms share a chic 5-piece bath with heated floors. The fully soundproofed lower level is a true highlight, offering a home theatre, 3-piece bath with a steam shower, and a custom laundry room with shelving and a sink. Just steps from top schools, parks, transit, and more, this home offers both tranquility and convenience. Don’t miss your chance to own this stunning property!
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Community Spotlight: Sweet Creations by Tammy
This month, we’re delighted to shine a spotlight on a local gem whose creativity and passion continue to inspire and delight the Oakville community.
Meet Tammy — a talented, self-taught home baker based in Oakville, who has been crafting beautifully customized treats for over four years. From intricately decorated sugar cookies and elegant cakes to cupcakes and cake pops, Tammy’s creations are as delicious as they are visually stunning.
But her talents don’t stop at baking. With a heart for teaching and a passion for sharing her craft, Tammy also hosts Beginner Cookie Decorating Workshops and Private Parties designed to spark creativity and help aspiring bakers learn the art of sugar cookie decorating. Held monthly at a charming café in Downtown Oakville, these hands-on workshops offer a fun and welcoming space for both beginners and baking enthusiasts to explore their skills.
Whether you’re planning a special event and need custom treats, or you’re simply looking to tap into your creative side, Tammy’s offerings are a sweet addition to any occasion.
The Vetere Team has had the pleasure of collaborating with Tammy and Tada Treats on numerous occasions, and we continue to be thoroughly impressed—not only by the exceptional quality of her baked goods but also by Tammy’s unwavering dedication and professionalism. Her passion for her craft and commitment to excellence truly sets her apart. We wholeheartedly recommend Tada Treats to anyone seeking high-quality baked goods for special occasions and events. We look forward to seeing Tammy’s continued success and growth in the future.
To inquire about custom orders or to book your spot in an upcoming workshop, visit Tammy’s website today.
Tada Treats
Oakville, ON
Phone: 647-407-6635
Website: tadatreats.ca
Instagram: @tadatreats
