If you’ve been waiting for the right time to enter the market or make a move up, this might be it! GTA home sales were lower in April compared to last year and new listings were up by more than 8 percent. That means buyers have more selection and possibly some leverage. The average price was just over $1.1 million, and as borrowing costs continue to trend down, the market becomes more accessible for buyers. There is pent up demand in the market waiting on the sideline, however, and there are some indications such as increased showings and sales activity in May that suggest things might be on the uptick shortly. Reach out if you're ready to explore your options. For details on the April 2025 monthly figures and the latest Royal LePage Market Update Report, visit this month’s edition of our Real Estate Facts & Figures here.