If you are having trouble getting approved for a rental, offering prepaid rent can sometimes make the difference. When your application is weaker on paper and you have the resources, offering a few additional months of rent applied to the final months of the lease term can provide a landlord with added confidence that the rent will be covered through to the end of the agreement.

The Greater Toronto Area housing market has been showing signs of steady improvement this summer. By looking at both July and August together, we can see where momentum is building — and where challenges remain.

When you’re house hunting, you’re not just looking for the right number of bedrooms or a good backyard—you’re looking for a place where you and your family will feel comfortable. For some buyers, that comfort includes knowing whether a tragic event, like a suicide or a murder, has ever taken place in the home.

While February usually marks the start of a seasonal uptrend in sales, the combination of heightened economic uncertainty emanating from a brewing trade war with the U.S. and severe winter storms pushed activity down to one if its lowest levels of the past three decades. However, with sellers also backing off last month, prices held fairly steady with only a mild decrease from a year ago.

The GTA housing market experienced a quiet end to December, showing a 2% decline in sales compared to last year, totaling 3,359 transactions. However, Q4 sales surged by 30% year-over-year, indicating a positive trend for 2025. With new mortgage rules and anticipated interest rate cuts, buyers are taking a more cautious approach in a well-supplied market. New listings surged 20%, leading to the highest year-end inventory since 2008. While average prices dipped slightly, Q4's average of $1,109,900 marked a three-year high, though still below the 2021 peak. Overall, the market is shifting towards better balance as we enter 2025.