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March Break = A Pause… Not a Slowdown If you have kids in school, you likely felt it. March Break tends to quiet the city and the housing market. With many families away, fewer homes came to market this week and activity naturally slowed. But that’s temporary. As we head into this week, we expect a noticeable pickup in new listings leading into Easter, meaning more choice for buyers and more competition for sellers. So what’s really happening in the market? Our insights focus on Toronto’s core (roughly south of the 401, including Midtown, Riverdale, Leslieville, the Beach, High Park and beyond—TRREB (Toronto Regional Real Estate Board) districts of C1,2,3,4,8,9,10,11, E1,2,3,6, W1,2,3,6. Detached Homes Days on market are tightening. Prices spiked in January (low inventory), softened slightly, and are now stabilizing as more homes hit the market. Semi-Detached Homes Prices climbed from ~$1.288M in January to ~$1.36M in February. Weekly fluctuations remain, but one trend is clear: homes are selling faster. Condos A quiet comeback. Prices are inching upward and days on market are improving—welcome news after a slower couple of years.Some sellers are holding out for bigger gains. Others are content to stay put. And savvy buyers? They’re already making moves. If you know of anyone who needs to buy or sell, please make sure they call Davelle. Want to Make This Market Work for You? As always, if you have questions about the market, or would like an updated home evaluation, we’re here to help. For Sale: Spacious 3-Bedroom Townhouse in North York, Toronto (46 Rock Fern Way #225) Step inside and you’ll immediately feel the space where you didn’t expect it. A bright, open living room welcomes you in, filled with natural light and room to actually live. The recently renovated kitchen flows seamlessly into a true dining space made for hosting, not just passing through. For Lease: Bright 2-Bedroom Condo in Queen St E (60 Haslett Ave #301) Morning coffee on your balcony, a quick stroll to the boardwalk, and the beach just minutes away – welcome to easy living close to The Beach. For Sale: Bright 1-Bedroom Condo in Corktown, Toronto (60 Tannery Rd #516) Step into a sunlit living and dining space with clean sightlines and effortless flow. The open-concept kitchen keeps you connected – prep dinner, catch your favourite show, and take in the view all at once.

What’s Really Happening in the Market If you read the headlines, you’d think the housing market has completely slowed down compared to last year. And yes, the statistics do show prices are down year-over-year. But on the ground, the story is more nuanced. In fact, we’re still seeing plenty of multiple offers. Earlier this week I showed a stunning newly built detached home in Leaside, 4 bedrooms and 6 bathrooms, listed for $3.389M. Within just four days of hitting the market, four offers had already been registered. The sellers were accepting offers anytime, and despite the price point (clearly not a first-time buyer property), demand was strong. At the other end of the market, we recently helped clients purchase a 3-bedroom semi-detached home near Danforth & Victoria Park that had been listed for $799,000. Before offer night, we arranged both a home inspection and termite inspection so our buyers could submit a clean offer. We also included a letter and photo from our clients to share with the seller. Real estate may feel transactional at times, but there’s still a human element to it. Establishing a connection can sometimes make a difference. There were four offers competing for the home. And I’m happy to report our clients came out on top, securing the property for $865,000. On the flip side, many sellers today are facing a different reality. Some homes are selling for similar prices, or even less, than what owners originally paid. That created an opportunity for another one of our clients this week. We helped them purchase a 3-bedroom semi-detached home in Midtown listed for $1.399M. The sellers had paid $1.3M for the property themselves. Our client had a firm budget of $1.3M, knowing renovations would be needed, and that’s exactly where we landed. A great result in a market where buyers currently have more negotiating power. The takeaway? The headlines only tell part of the story. The real opportunities are often hidden between the stats. If you’re wondering what your home might sell for in today’s market, just reply to this email and we’ll happily take a look for you. Just reach out. We’d love to connect. And don’t forget if you need to buy or sell, just call Davelle. Want to Make This Market Work for You? As always, if you have questions about the market, or would like an updated home evaluation, we’re here to help. For Sale: Fabulous 3-Bedroom House in East Danforth (51 Bastedo Ave) This is where homes turn into lasting memories, whether you are looking for your first-home or looking for a change in lifestyle. This smart home is perfect for those who want space to grow and a fabulous neighbourhood. For Sale: Bright 1-Bedroom Condo in Corktown, Toronto (60 Tannery Rd #516) Step into a sunlit living and dining space with clean sightlines and effortless flow. The open-concept kitchen keeps you connected – prep dinner, catch your favourite show, and take in the view all at once.

Spring Forward… and a Few Interesting Signals in the Market Don’t forget — Daylight Saving Time begins tonight. At 2:00 a.m., the clocks jump ahead by one hour, which means we lose an hour of sleep but gain longer evenings and later sunsets. One quick public service reminder: studies show there are more car accidents on the Monday following the time change, likely because people are a little more tired than usual. So take it easy on Monday morning. What the Latest Market Numbers Are Saying The Toronto Regional Real Estate Board released its February 2026 statistics, and while the year-over-year numbers still look softer, there are a few interesting signs beneath the surface. Compared to February 2025: But compared to January 2026, prices actually moved up: In other words, while prices are still lower than last year, the short-term trend is starting to move upward again. For buyers, that’s an important signal. Markets rarely turn overnight — they shift gradually. The early months of the year often give us the first clues. Key Takeaways from Benjamin Tal (Deputy Chief Economist, CIBC World Markets) Benjamin Tal continues to be one of the most thoughtful voices on the Canadian housing market. His big themes: He also touched on global issues — from trade tensions to immigration — and how they could shape the broader economy. One fascinating point: about 90% of antibiotics consumed in the U.S. come from China, illustrating how complex global trade dynamics have become. A Simple Investing Lesson Michael Kalles President, Harvey Kalles Real Estate Brokerage shared a line that stuck with me: “What would Warren Buffett do right now?” Buffett is famous for saying: “Be greedy when others are fearful.” In other words — the best buying opportunities often happen when everyone else is hesitant. Kalles joked that Toronto buyers often only want to buy when there’s a lineup at the door. And honestly… he’s not wrong. It’s a pattern we see again and again. Benjamin Tal’s Predictions for the Next Year One of the Post City moderator’s pointed out that during last year’s event, each panellist was asked to make predictions and Benjamin Tal came out the winner when it came to accuracy. So here are his predictions for next year: What This Means for You Markets move in cycles. Right now we appear to be in a transition period between the slowdown and the next phase of growth. For buyers, that can mean opportunity.For sellers, it means strategy matters more than ever. If you’re thinking about buying, selling, or simply trying to understand what the market is doing, we’re always happy to talk through your options. Just give us a call. And don’t forget, just call Davelle. Want to Make This Market Work for You? As always, if you have questions about the market, or would like an updated home evaluation, we’re here to help. For Sale: Fabulous 3-Bedroom House in East Danforth (51 Bastedo Ave) This is where homes turn into lasting memories, whether you are looking for your first-home or looking for a change in lifestyle. This smart home is perfect for those who want space to grow and a fabulous neighbourhood. For Sale: Bright 1-Bedroom Condo in Corktown, Toronto (60 Tannery Rd #516) Step into a sunlit living and dining space with clean sightlines and effortless flow. The open-concept kitchen keeps you connected – prep dinner, catch your favourite show, and take in the view all at once. For Sale: 2+1 Bedroom Loft in Queen West, Toronto (2 Gladstone Ave #404) Situated at the iconic corner of Queen and Gladstone in the heart of Queen West, this exceptional loft residence offers an inspired blend of authentic industrial design and everyday urban comfort. Soaring 10-foot concrete ceilings, expansive floor-to-ceiling windows, and warm hardwood floors create a bright, open interior filled with natural light throughout the day.

Last week, we brought two very different homes to market and the response was a reminder that strategy still wins. Sold Within 1 Day: 69 Manor Rd East A beautifully renovated 3-bedroom, 4-bath detached with parking in the heart of Midtown, hit MLS at 9am Monday, listed at $2,298,000. By the end of the day? 8 showing requests. By 7pm? A call from an agent: “We’re bringing an offer.” The offer came in slightly over asking, paired with a sizeable deposit. Our clients were thrilled. I told them it was their “IKEA Start the Car” moment. That feeling when you can’t quite believe how smoothly things just unfolded. (If you remember the commercial, you know exactly what I mean.) The deposit cheque was dropped off shortly after. Firm deal. Done. In a market that has largely shifted toward buyers, it’s incredibly rewarding for sellers to experience that kind of momentum. The right pricing. The right preparation. The right timing. That’s what creates opportunity. For Sale: 51 Bastedo (First-Time Buyer Opportunity) We also launched 51 Bastedo on Monday. A charming 3-bedroom semi-detached that’s ideal for a first-time buyer looking to get into the market. Showings have been steady, and we’re holding offers on March 2nd. I’ll report back next week on how it unfolds. For Sale: 1-Bedroom Condo in Canary District (60 Tannery Rd #516) Step into a sunlit living and dining space with clean sightlines and effortless flow. The open-concept kitchen keeps you connected – prep dinner, catch your favourite show, and take in the view all at once. Your private balcony is the perfect reset: morning coffee, evening unwind, fresh air above the city. The primary bedroom is smartly designed with wall-to-wall closets that maximize every inch. Toronto First-Time Homebuyer Seminar: Industry Expert Tips & Strategies (March 18, 2026) We’re also planning a First-Time Buyer event in the building’s party room on Wednesday, March 18th. If you know someone thinking about making a move this year, stay tuned for details. In Other News Reenie Banks has just listed an exceptional loft at 2 Gladstone and it’s a beauty. Whether the market feels fast or cautious, what we’re seeing on the ground is this: well-prepared homes are still being rewarded. If you’re curious what your home might command in today’s market, or if you’re thinking about making a move in 2026, let’s have a conversation. Because markets shift. But strategy never goes out of style. And remember if you need to buy or sell, please feel free to connect with us anytime. Want to Make This Market Work for You? As always, if you have questions about the market, or would like an updated home evaluation, we’re here to help.

The Economy Isn’t Broken. It’s Being Rewritten. This week, I had the opportunity to attend the 2026 Economic Outlook Roundtable at the Rotman School of Management; a thoughtful, sometimes sobering, and occasionally surprising discussion about where Canada is headed next. The panel featured three of the sharpest economic minds in the country: Here’s what stood out. Canada’s Next Chapter Isn’t About Panic. It’s About Adaptation One of the strongest themes of the evening was trade diversification. Canada needs more trading partners, but not in the way we usually think about it. Yes, we’re a resource-based economy. But instead of simply selling the same goods to different countries, the panel emphasized something we often overlook: services. Today, only about 25% of our services are exported, despite enormous potential in technology, finance, education, and professional expertise. And in a moment that surprised many in the room, the panel noted that Canada is actually gaining jobs, with real strength showing up in the tech sector. They also suggested that the recent reduction in immigration may help younger Canadians gain better access to entry-level roles. A Reality Check on Mortgages & Interest Rates A few statistics worth pausing on: According to the Bank of Canada, 24% of mortgage holders will see their payments decrease this year. That’s meaningful. That said, there is still real financial strain for many households. The overnight rate currently sits at 2.25%, and the panel does not expect dramatic rate changes this year, or even next year. Why? Because much of today’s inflation isn’t coming from demand. It’s coming from supply: Lowering interest rates won’t fix droughts or global conflicts. As one speaker put it rather bluntly:We need to stop asking the Bank of Canada to save Canada. Monetary policy can only do so much. The Productivity Problem We Can’t Ignore Perhaps the most urgent issue raised was productivity. Canada has experienced 40 years of declining productivity, and the panel agreed that one of the fastest, least expensive ways to address this is deregulation. Unlike stimulus spending, deregulation doesn’t cost money. But it does require political will. There was cautious optimism here. Canadian corporations appear ready to invest and improve efficiency. Now the question is whether government policy can move quickly enough to support that momentum. As one speaker noted, this crisis is too good to waste. What Keeps Economists Up at Night When asked what worries them most, the answers were refreshingly candid: And Their Hope? That we finally align around productivity. That business leaders start saying, publicly and confidently, “Our companies are doing well.” Because confidence, like markets, is contagious. What does this all mean? If you’re wondering what all of this means for housing, real estate decisions, or timing the market, that’s a conversation worth having. The headlines rarely tell the full story. The nuance matters. And as always, We’re happy to talk it through. If you need to buy or sell, please make sure you call Davelle. Want to Make This Market Work for You? If you’re ready to make a smart move, not just a loud one, let’s talk. The bottom may already be in the rearview mirror. For Sale: Renovated 1-Bedroom Suite in Yorkville, Toronto (40 Scollard Street #1502) Across from the iconic Four Seasons, this fully renovated one-bedroom residence puts you at the centre of it all.Think morning spa treatments, chic brunches, and evenings spent exploring Toronto’s most coveted restaurants—all just steps from your door. For Lease: Large 2-Bedroom Condo in Bloor West Village, Toronto (588 Annette St #205) Welcome to a bright, generously sized two-bedroom condo tucked into the heart of Bloor West Village, just moments from the Junction.