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ReMax Metropolis Realty
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05/06/2026
📉 The headlines this week will say GTA home prices are down year-over-year again.
But if you look deeper into the data… the market has actually been strengthening month after month in 2026.
Since January:
⬆️ Sales have increased every single month
⬆️ Average prices have increased every single month
⬇️ New listings are declining
⬇️ Active inventory is tightening
JAN 2026
🏡 Avg Price: $973,289
📈 Sales: 3,082
APR 2026
🏡 Avg Price: $1,051,969
📈 Sales: 5,946
That’s not a market collapsing.
That’s a market quietly rebuilding momentum.
The problem with year-over-year comparisons right now is context.
Spring 2025 was heavily impacted by:
• tariff fears
• geopolitical uncertainty
• consumer hesitation
• affordability shock from prior rate hikes
Today, buyers are adjusting to:
✔ lower borrowing costs
✔ improved affordability
✔ more negotiating power
✔ greater confidence returning to the market
And here’s the part many people miss:
Even after:
• 2022 rate hikes
• inflation spikes
• market correction
• economic uncertainty
👉 Most homeowners who bought in 2020 are STILL ahead today.
Real estate has always rewarded long-term ownership over short-term emotion.
The GTA market isn’t in a frenzy.
But the data is showing early signs that confidence is returning beneath the headlines.
MarketUpdate TorontoHomes RealEstateCanada GTAHousing TorontoRealtor PeelRegion YorkRegion DurhamRegion Halton SimcoeCounty HomePrices InterestRates RealEstateInvesting HousingMarket TorontoCondos
Tawfiq Elamad Real Estate
ReMax Metropolis Realty Inc
416-735-9745
The content provided is for informational purposes only and is based on information available at the time during which it was created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.
I had the honour of accepting an award last night for my contributions to real estate in the GTA. While it may not be the highest accolade, it holds a great deal of meaning to me because it represents something far more important — the trust, support, and relationships I’ve built over the years.
What started as helping clients with their real estate goals has turned into lasting connections with incredible people I’m proud to know both professionally and personally.
Real estate is about much more than buying and selling homes. It’s about guiding people through major life moments, earning their trust, and showing up consistently.
I’m truly grateful to everyone who has supported me, referred me, trusted me, and been part of this journey. This recognition is just as much yours as it is mine. 🏡✨
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04/29/2026
The Bank of Canada held its rate at 2.25% again today.
With inflation ticking up and the economy still facing uncertainty, we’re in a “wait-and-see” moment.
For buyers and homeowners, this means opportunity—but also strategy matters more than ever.
Let’s connect and make sure you’re positioned for what’s next.
Tawfiq Elamad
ReMax Metropolis Realty
416-735-9745
The content provided is for informational purposes only and is based on information available at the time during which it was created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.
Bathrooms and kitchens are strategic rooms in your home to upgrade whilst increasing the value of your home.
If your in the market to buy or sell in 2026,reaxh out and let strategically plan.
Tawfiq Elamad Real Estate
ReMax Metropolis Realty
416-735-9745
Upgrading a home before it hits the market is a great way to increase visibility, marketability and desire ultimately increasing the potential for a higher sale price.
The key is the know what to upgrade and where to spend your money to increase ROI.
Reach out if your in this market - spring or summer 2026 so we can maximize your homes potential.
Tawfiq Elamad Real Estate
ReMax Metropolis Realty
416-735-9745
Clearing the way for something extordinary.. Demolition day for a new master bathroom!!
Tawfiq Elamad Real Estate
ReMax Metropolis Inc
416-735-9745
Watch this space... Transformation loading 🚧 ➡️ 🏡
The demolition continues on this home coming to market in Markham. Keep coming back here to see the final product.
Tawfiq Elamad Real Estate
ReMax Metropolis Realty
416-735-9745.
04/08/2026
𝐑𝐄𝐀𝐃 𝐓𝐇𝐄 𝐂𝐀𝐏𝐓𝐈𝐎𝐍.... Year-over-year numbers can be misleading without context.
At first glance, March 2026 looks weaker — with average prices down roughly 7% compared to last year.
But the underlying story is very different.
In early 2025, the market was front-loaded. Rates were higher, but expectations of cuts pulled demand forward. Then tariffs and uncertainty disrupted momentum mid-year.
Today’s market is operating under a different dynamic:
• Sales are actually higher than last year
• New listings are down 16.7%
• Prices are lower — improving affordability
What does that tell us?
Demand is returning, supply is tightening, and buyers are re-entering the market at more sustainable price levels.
This is not a declining market — it’s a transition phase.
A more balanced, end-user driven market is forming, where activity is increasing even before prices move.
The real question is:
Are we looking at weakness… or the early stages of recovery?
Tawfiq Elamad Real Estate
ReMax Metropolis Realty
416-735-9745
The content provided is for informational purposes only and is based on information available at the time during which it was created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.
BIG NEWS for Ontario real estate 🚨
Development charges could be cut by up to 50%—and combined with HST changes, that’s up to $200K in potential savings per home.
But here’s the truth most people won’t tell you…
This doesn’t instantly lower home prices.
It helps builders build more—and over time, THAT is what can stabilize the market.
This is a long-term supply play, not a short-term price drop.
If you’re buying, investing, or just watching the market… this matters more than you think.
Tawfiq Elamad
Sales Representative
416-735-9745
The content provided is for informational purposes only and is based on information available at the time during which it was created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.
Major update to new home rebates in Ontario.
In addition to the federal GST rebate, Ontario has announced a proposal to expand HST rebates — potentially allowing buyers to save up to $130,000 on new construction homes.
Here’s what’s being proposed:
• Homes under $1M → full 13% HST rebate (up to $130K)
• Homes up to $1.5M → maximum rebate maintained
• Homes up to $1.85M → reduced rebate available
This builds on the federal rebate and reflects a joint effort to lower the cost of new homes and increase housing supply.
The expanded rebate is expected to apply to qualifying purchases between April 1, 2026 and March 31, 2027, and may apply to both primary residences and certain rental properties.
If you're considering buying a new build, this could significantly reduce your upfront costs.
Send me a message if you want to explore homes that may qualify.
Tawfiq Elamad Real Estate
Sales Representative
416-735-9745
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Disclaimer: This post is for informational purposes only and is based on current announcements and proposals. Program details, eligibility, timelines, and rebate amounts are subject to change and government approval. Buyers should confirm details with their lawyer, accountant, or the Canada Revenue Agency before making any decisions.
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