How unemployment affects the GTA real estate market By Vicky Gill – Re/Max Real Estate Broker, Greater Toronto Area The latest Statistics Canada job loss report for August 2025 has sent shockwaves through the Canadian economy. With 65,500 jobs lost nationwide and the unemployment rate rising to 7.1%, many are asking how this will affect housing, affordability, and the GTA real...
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🏠 GTA Real Estate Market Update – August 2025 From Vicky Gill, Your Top Re/Max Real Estate Expert📞 647-655-4455 | 🌐 www.vickygill.ca As we enter the final month of summer, the Greater Toronto Area (GTA) real estate market continues to shift in favor of buyers. The latest housing data for August 2025 reveals cooling prices, rising inventory, and a slower-than-usual rebound from the spring...
As of July 28, 2025, the Greater Toronto Area has shifted decidedly into a buyer’s market. June saw strong supply growth and declining prices — including a 5.4% year-over-year drop in average sale price to $1,101,691 and a benchmark price below $1 million in Toronto proper. Entry-level detached homes in high-demand zones continue to see activity, but condo resale prices have dropped...
I’m Vicky Gill, your trusted Re/Max Real Estate Broker, proudly serving the Greater Toronto Area with expert, top-tier real estate service. As a professional who monitors market trends closely, I want to share some timely insights on how global developments—like the ongoing conflict in the Middle East—might affect mortgage rates, and what that means for both buyers and sellers in our...
Rethinking Democracy: A System in Need of Evolution Democracy, at its core, is the voice of the people. It offers a platform where every citizen, regardless of class or creed, can influence the direction of their nation. Ideally, it is a system meant to reflect the will of the people through free and fair elections, the rule of law, and accountable governance. However, in many modern democracies, the...
Ontario & GTA Real Estate Market Update: April 2025 By Vicky Gill – Your Real Estate Expert, Re/Max Real Estate Broker As we move through 2025, the Ontario and Greater Toronto Area (GTA) real estate markets are facing significant changes. Whether you’re a buyer, seller, or investor, understanding these trends is essential for making informed decisions. Here’s what you need to know about the...