As Realtor, we are always asked, how’s the market? So here’s our take on what we’re seeing.
What the Numbers Are Quietly Telling Us
If you just look at headlines, you’d think the market is flat.
But when you zoom in a little closer, a more interesting story starts to unfold.
The median price of a semi-detached home has ticked up slightly.
Nothing dramatic, but after the typical July slowdown and the usual December dip, the trend line is starting to lean upward again.
The detached market?
Almost identical pattern. A soft summer, a holiday pause… and now a subtle recovery.
That’s not a coincidence. It’s a signal.
And then there’s condos.
They’re still following that same seasonal rhythm. Down in July, down again in December. But unlike houses, they haven’t quite found their footing yet. Prices are still hovering slightly below where they were, despite earlier signs that we might be turning a corner.
So what does this actually mean?
It means we’re not in one market.
We’re in two very different ones:
- Freeholds (semis & detached): quietly tightening, with early signs of price stability and even upward pressure in certain pockets
- Condos: still offering buyers leverage, with more selection and softer pricing
And this is where it gets interesting.
Because the buyers who understand this… are already moving.
They’re not chasing headlines.
They’re watching patterns.
They’re making decisions based on where the opportunity is, not where the noise is.
What We’re Seeing on the Ground This Week?
There’s been a noticeable shift lately and it’s not showing up in the stats yet.
Buyers are starting to prioritize parking in a way we haven’t seen in years.
Even in neighbourhoods where permit street parking has always been the norm, we’re seeing a clear pattern: when buyers have the choice, they’re choosing homes with parking over those without.
And it’s not just us.
We’ve checked in with other agents across the city, and they’re reporting the same thing.
In a market like this where buyers have options, they’re becoming more selective.
And parking has quietly moved from a “nice to have”… to something much closer to a requirement.
And this is exactly what a selective market looks like.
Not everything moves equally and small details are starting to matter in a big way.
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.
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