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.

CLICK TO GET YOUR FREE CREDIT REPORT

#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

416-535-8000

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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Toronto

Toronto Real Estate Market Stats: What Sellers Should Watch Each Month

May 10, 20266 min read

Are you wondering which Toronto real estate market stats actually matter before you list your home?

If you are thinking about selling in Toronto or the Greater Toronto Area, it is easy to feel buried under headlines. One month you hear that sales are up. The next month, prices are softer. Then someone mentions active listings, benchmark prices, days on market, or months of inventory, and the picture gets even less clear.

Sellers do not need to become market analysts. You only need to understand the Toronto real estate market stats that influence pricing, timing, negotiation, and buyer behaviour.

Why monthly market stats matter when selling a home in Toronto

A home does not sell in the abstract. It sells in a specific market, at a specific time, against specific competition. That is why the same pricing strategy that worked six months ago may not work today.

Monthly market data helps answer practical questions:

·How much competition is on the market?

·Are buyers moving quickly, or taking more time?

·Are prices rising, flat, or declining?

·Is your property type performing differently from the overall GTA market?

·How much negotiating power do buyers have right now?

For example, TRREB reported 5,039 GTA home sales in March 2026, up 1.7% year over year. New listings were 14,442, down 16.7%, while the average selling price was $1,017,796, down 6.7%. Together, those numbers suggest modestly improved activity, continued price sensitivity, and room for buyers to compare options.

1. Sales volume: Are buyers active?

Sales volume shows how many homes changed hands during a given month. More sales can indicate buyer confidence, while lower sales can suggest hesitation, affordability pressure, or uncertainty.

Still, sales volume should never be read alone. A rise in sales does not mean every home will sell quickly, and a drop in sales does not mean selling is impossible. The better question is how sales compare with available listings in your area and property category.

2. New listings and active listings: How much competition do you have?

New listings show how many homes entered the market. Active listings show how many homes were available for sale. These stats matter because they shape buyer choice.

If active listings are high in your segment, buyers may compare more options, take longer to decide, and negotiate more firmly. If listings are limited, a well-priced and well-presented home may stand out more quickly.

Review competition at the micro-market level, not just across the GTA. A detached home, a semi-detached home, and a condo can each face very different supply conditions.

3. Average selling price: Useful, but not the whole story

The average selling price is widely reported, but it can be misunderstood. It divides total dollar volume by the number of sales, so it can move because of changes in the mix of homes sold, not only because individual property values changed.

For example, if more luxury detached homes sell in one month, the average price may rise. If more lower-priced condos sell, the average may fall. That does not necessarily mean every home gained or lost value at the same pace.

Use average price as a broad temperature check, then go deeper with local comparable sales, property type, condition, lot size, parking, renovation quality, and current competition.

4. MLS Home Price Index: A better trend signal

The MLS Home Price Index, or HPI, tracks price trends for benchmark homes. TRREB explains that MLS HPI is based on the value buyers assign to housing attributes, and CREA describes it as a tool for measuring neighbourhood price levels and trends.

For sellers, the HPI can be more useful than the average price when you want to understand whether values are generally moving up, down, or sideways. In March 2026, TRREB reported that the MLS HPI Composite benchmark was down 7.4% year over year. That context matters when setting expectations and pricing competitively.

5. Days on market: How long are homes taking to sell?

Days on market measures how long it takes for a listing to sell. Sellers often focus on this number because it feels personal. If a home sits longer than expected, it can raise concerns about price, presentation, access, or market conditions.

Days on market should be interpreted carefully. A higher number may reflect a slower market, or a price above current buyer expectations. A lower number may suggest strong demand, but only when the listing was exposed properly and reviewed against comparable sales.

6. Sale-to-list price ratio: How much negotiation is happening?

The sale-to-list price ratio compares the final selling price with the asking price. If homes are selling below asking, buyers may have more leverage. If homes are selling at or above asking, the market may be more competitive.

This stat is helpful, but pricing strategy can distort it. Some sellers list low to encourage multiple offers. Others list closer to their target price. Review the ratio alongside comparable sales, listing history, and competing properties.

7. Property type and neighbourhood stats: The numbers that matter most

The GTA market is not one market. It is many markets moving at once. Toronto condos, Durham detached homes, Peel townhomes, and York Region semis can behave differently in the same month.

Before listing, ask your realtor to review stats by:

·Property type: detached, semi-detached, townhouse, condo apartment, or condo townhouse

·Location: neighbourhood, municipality, and nearby competing areas

·Price band: homes that are truly comparable to yours

·Condition and presentation: renovated, original, staged, vacant, or tenanted

·Listing competition: active and recently expired listings

This approach avoids broad assumptions and keeps the strategy focused on market evidence.

What sellers should ask their realtor each month

When reviewing Toronto real estate market stats, ask practical questions:

1.How many comparable homes sold in my area in the last 30 to 90 days?

2.How many similar homes are active right now?

3.Are comparable homes selling above, at, or below asking?

4.How long are similar listings taking to sell?

5.What pricing adjustments are we seeing after the first two weeks on market?

6.Are buyers raising concerns about condition, financing, or value?

These questions turn raw statistics into a real selling strategy.

A compliance note about market data and professional advice

Market stats are educational tools, not guarantees. No real estate professional should promise a specific sale price, timeline, or result based only on market averages. Any advertising or public-facing content should be accurate, current, and not misleading, and brokerage identification should be clear where required.

If your selling decision involves legal, tax, mortgage, estate, or financial planning questions, speak with the appropriate qualified professional. A realtor can help with market conditions, pricing strategy, marketing, negotiation, and the selling process, but they should not replace legal, accounting, mortgage, or financial advice.

Ready to understand what the stats mean for your home?

Toronto real estate market stats are most valuable when connected to your property, neighbourhood, and timing. Broad headlines show the mood of the market, but your listing strategy should be based on local evidence.

If you are thinking about selling in Toronto or the GTA, request a personalized home-selling consultation for a clearer view of recent comparable sales, current competition, buyer activity, and the stats that matter most for your next move.

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Danny Macedo

Danny Macedo is a distinguished Realtor® based in Toronto, Ontario, offering a full spectrum of real estate services tailored to meet the unique needs of each client. With three decades of experience in the Toronto real estate market, Danny has built a reputation for delivering exceptional results, thanks to his deep market knowledge, personalized approach, and commitment to excellence. At the heart of Danny's services is a passion for helping clients navigate the complexities of buying and selling properties. Whether you're a first-time homebuyer, a seasoned investor, or looking to sell your property, Danny provides comprehensive support that covers every aspect of the real estate transaction.

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