Pre-Approved, Prepared, and Ready to Buy
From helping you understand your budget to strengthening your offer before you start your search, getting
pre-approved gives you a clear advantage when buying a home in the Greater Toronto Area.
With a mortgage pre-approval in place, you’ll know what you can afford, focus on the right properties, and
move forward with confidence when the perfect home becomes available.
ATTENTION: Toronto Homebuyers
Dedicated and Experienced Team
We believe every successful home search starts with the right preparation. Whether you’re buying your first property, moving up, or purchasing again, getting pre-approved helps you understand your budget, shop with confidence, and focus on homes that truly fit your goals.
With a pre-approval in place, you’ll be ready to act quickly when the right property comes along, making your buying experience smoother, clearer, and more efficient.
Building Up Your Credit Score
Improving your credit score takes time and effort, but because it results in getting the best terms on your mortgage, it is worth it. Here's how you can improve your credit score:
#1 Get a copy of your credit report
The first step to rebuilding your credit score is to get a copy of your credit report. You can request a free copy of your credit report from Equifax or TransUnion in Canada. Review your credit report carefully to identify any errors or inaccuracies that may negatively impact your score. If you find any errors, dispute them with the credit bureau.
#2 Pay down your debts
While having debt - if you are paying it off on time - helps you build your credit score, the amount of debt you have limits the amount you can borrow. If you have high credit card balances or other debts, work on paying them down as quickly as possible. If you're using a significant amount of your available credit, this may suggest that you are overextended and may struggle to make payments. The less debt you have, the better your credit utilization ratio will be, which can help improve your credit score.
#3 Start budgeting to pay your bills on time
Start paying your bills on time with no exceptions. Make this the #1 priority each month. Creating a monthly budget helps you take care of your financial health. You can use a budgeting app or a Google or Excel sheet to plan your expenses.
#4 Seek professional help
If you are struggling to rebuild your credit score, consider seeking professional help from a credit counselor or financial advisor. They can help you develop a plan to improve your credit score, manage your debts, and create a budget.
How to Avoid a Money Pit:
Be on the Lookout for these 6 Warning Signs That Could Mean Expensive Repairs...
Roof
Leaks are the most common problem with roofs, and are tough to detect from outside. However, from inside an attic, you can often see water marks where there is a leak.
Plumbing System
Make sure you are confident that both water systems: the one that brings fresh water in and the one that takes sewage out are functioning well before signing on the dotted line.
Electrical Systems
Before you agree to buy you should make sure that you can run all of the appliances you want to and even power tools at the same time without having a power failure.
Heating and Cooling Systems
Be sure to thoroughly inspect the heating and air conditioning systems in any home you are considering purchasing.
Bad Paint and Signs of Rotting
The paint inside and outside the house can reveal a lot about the condition of the underlying material. Check several places on several walls, using your eyes and a screwdriver for poking.
Cracks and other important signs
Cracks in walls, doors not closing properly and uneven floors can all be signs that there is a problem with the foundation. If the foundation is not strong, the entire house could literally collapse, so you should carefully check for these signs.
TESTIMONIALS
What others are saying
"We found the one"
"Danny negotiated strategically, got the seller to address key repairs, and secured a price that felt like a win without risking the deal. We felt supported, informed, and genuinely cared for the entire time"
- Deklon R.
"Communication was immediate"
"I can’t say enough about how professional, energetic, and effective Danny Macedo’s team is. Communication was immediate and consistent, and we always knew what was happening, what came next, and what decisions mattered most."
- Tony Marquez
"Outstanding Realtor Service"
"Thanks again for everything! We really look forward to ha ving you as a resource and being able to refer friends to you for real estate advice."
- Alex Campagnaro
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
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Where the GTA Actually Transacts: July 2026 Sales by Price Band
The average selling price across the Greater Toronto Area in July 2026 was $1,003,956. It is the number that gets quoted, and on its own it is close to useless, because almost nobody bought a home at that price.
A more useful question is where the market actually transacts. TRREB publishes a breakdown of every sale by price band and by home type, and it tells a different story from the headline.
Two thirds of the market sold under a million dollars
Of the 5,995 homes sold across TRREB areas in July 2026, 3,841 sold for less than $1,000,000. That is 64.1 per cent of the market.
The single busiest band was $1,000,000 to $1,249,999, with 942 sales. Below it, $800,000 to $899,999 recorded 730 sales and $700,000 to $799,999 recorded 695.
This is why the median matters. The median selling price in July was $860,000, which sits inside the $800,000 to $899,999 band. The average, at $1,003,956, sits roughly $144,000 higher. The gap is not an error. It is the arithmetic of a small number of very expensive sales pulling a mean upwards while the middle of the market stays where it is.
The top of the market is small and it is almost entirely detached
Sales at $2,000,000 and above numbered 302 in July 2026. That is 5.0 per cent of all sales.
Of those 302 sales, 267 were detached houses. That is 88.4 per cent of the top band in a single home type.
Widen it slightly. Everything at $1,500,000 and above came to 685 sales, or 11.4 per cent of the market. So roughly one sale in nine happened above $1.5 million, and roughly one in twenty happened above $2 million.
If you own at that end of the market, this is the most important line in the report. You are not competing in the same market as the headline average. You are competing in a much thinner one, where there are fewer buyers, fewer comparable sales to price against, and consequently more room for a pricing error to cost you real money.
Home type decides which band you are in
The July split by type was this. Detached houses accounted for 2,789 sales, or 46.5 per cent. Condominium apartments accounted for 1,564 sales, or 26.1 per cent. Attached and row townhouses came to 567, semi-detached to 557, and condominium townhouses to 436.
Those two large categories sit at opposite ends of the price range. The average detached sale price was $1,291,690. The average condominium apartment sale price was $636,323.
Follow that through into the bands and the pattern is stark. In the $400,000 to $499,999 band there were 490 sales, and 422 of them were condominium apartments. That is 86.1 per cent of the band in one home type. In the $1,000,000 to $1,249,999 band there were 942 sales, and 680 of them were detached houses, which is 72.2 per cent.
So the GTA is not one market with an average price. It is at least two markets that barely overlap, reported under a single heading.
What to do with this
If you are selling, find your band before you look at any average. Take your home type and your realistic price range, and ask how many homes like yours actually sold last month. A seller in the busiest band is operating in a market with hundreds of recent comparable sales. A seller above $2 million is operating in a market with 302 sales across the entire region, most of them detached houses.
Those two sellers need different pricing strategies, different marketing periods and different expectations about time. Handing both of them the same average price is how bad advice gets given.
If you are buying, the same table tells you where competition concentrates. The bands between $700,000 and $1,250,000 held 2,969 of the month's 5,995 sales, which is just under half the market in a range of about half a million dollars. That is where most buyers are, and that is where you should expect company.
Three questions worth asking
Whether you are buying or selling, these three will tell you more than any headline figure.
How many homes of my type, in my price band, sold in my area last month? What was the median, not the average, for that group? How does the number of active listings in my band compare with the number of sales in it?
Any agent working with real data can answer all three in a few minutes. The answers will be specific to your house rather than to the region, which is the entire point.
Source
All figures in this article are taken from the Toronto Regional Real Estate Board Market Watch report for July 2026, released 6 August 2026, specifically the Sales by Price Range and House Type table and the Summary of Existing Home Transactions. Percentages are calculated from the published sale counts and are shown above.
If you want to know which band your home actually sits in, and what sold in it last month, call or text me on 416-560-4983 and I will pull the numbers for your street.
