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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Months of Inventory in August 2026: Where Buyers and Sellers Stand Across the GTA
The headline number in any monthly market report is usually sales or average price. Both are useful, but neither tells you who holds the advantage in a negotiation. For that, you need months of inventory.
Months of inventory measures how long it would take to sell every active listing at the current pace of sales. A lower number means fewer homes to choose from and more competition between buyers. A higher number means more choice and more leverage for buyers at the negotiating table.
Here is where the GTA stood at the end of August 2026, and what it means if you are buying or selling.
How to Read the Number
The conventional thresholds work like this. Below four months is generally considered a seller's market. Four to six months is balanced. Above six months favours buyers. These are rough guides, not hard rules. A neighbourhood at 5.5 months with strong demand from a specific buyer profile may feel tighter than the number suggests. But the thresholds give you a useful starting point.
The Regional Picture
The GTA as a whole sat at 4.6 months of inventory in August 2026. That is balanced territory, leaning slightly toward buyers. But the regional averages hide wide variation.
Durham Region was the tightest market in the GTA at 3.4 months. Within Durham, Ajax and Whitby were both at 2.9 months, which is comfortably in seller's market territory. If you are listing in Ajax or Whitby, the current conditions are working in your favour. If you are buying there, expect competition.
Halton Region came in at 4.2 months. Burlington, at 3.6, was the tightest municipality in Halton. Oakville, at 4.9 months, was the loosest.
Peel Region was at 4.9 months. Brampton and Mississauga were nearly identical at 4.8 each. Caledon, the most rural municipality in Peel, was at 6.7 months, which puts it in buyer's market territory.
The City of Toronto overall was at 4.6 months, matching the GTA average. But the three sub-areas tell different stories. Toronto East was at 3.6 months, the tightest part of the city. Toronto West sat at 4.3. Toronto Central, with its large condo inventory, was at 5.1.
York Region: The Widest Range in the GTA
York Region averaged 5.0 months, but the spread within the region was enormous.
Markham was at 4.1 months and Newmarket at 4.2. Both are balanced markets with enough activity to keep listings moving. Vaughan was at 4.9 months, right in the middle of balanced territory, with 242 sales against 1,198 active listings.
At the other end, King sat at 11.4 months of inventory. That is more than double the buyer's market threshold. King recorded just 21 sales in August against 225 active listings. The arithmetic is straightforward: 225 divided by 21 equals 10.7, and the trend-adjusted figure rounds to 11.4. For sellers in King, this is a market that requires patience, precise pricing, and realistic expectations about timelines.
Richmond Hill was at 5.6 months, slightly favouring buyers. Georgina, at 6.3, was firmly in buyer's territory.
Simcoe County: A Different Market Altogether
Simcoe County averaged 6.0 months of inventory. Innisfil was at 7.4 and Adjala-Tosorontio at 8.0. Bradford, closer to the GTA core, was tighter at 4.7. If you are considering a move north for more space, the inventory numbers suggest you will have time and options on your side.
What This Means for Your Decision
If you are selling in Durham, Toronto East or Burlington, conditions are favourable. Properly priced homes in those areas are moving, and buyers are competing for them.
If you are selling in King, Georgina, Caledon or Simcoe County, you are in a buyer's market. That does not mean your home will not sell. It means the price has to be right from day one, because buyers have enough alternatives to walk away from anything that feels high.
If you are buying, the months of inventory number tells you how much room you have to negotiate. In a 2.9 month market, the answer is: very little. In an 11.4 month market, the answer is: quite a lot.
All figures from TRREB Market Watch, August 2026.
If you want to understand what these numbers mean for your specific property or your specific search, call me at 416-560-4983.
Danny Macedo, Macedo Real Estate Group, Royal LePage Supreme Realty, Brokerage.
