Mark Todd Realtor
Hello May 🌸🦈
The water’s warming up, the sharks are circling around, and the market is starting to move.
With more inventory hitting the market, buyers are circling and opportunities are opening up. Whether you’re thinking of buying, selling, or just testing the waters, this is the season to make a smart move.
Stay sharp, stay ready—and let’s make waves this month.
If the start of this year felt quieter than normal in real estate, the numbers confirm it - but not in the way most headlines will frame it.
Sales were down year-over-year. But prices? They're still holding - not collapsing. That tells us this isn't a panic market...it's a slow-absorption market.
The real shift is happening behind the scenes - inventory is sitting at a 10 year high and the sales-to-new-listings ratio has dropped firmly into buyer's market territory.
What does that mean in real life? Buyers are taking their time. Sellers are facing more competition. And pricing matters more than ever.
W're also seeing a split in the market - condos are feeling the pressure first, while single family homes are holding steadier.
So why does everything feel a bit stuck? Because this is what a transitional market looks like.
It means - buyers have options, sellers are still holding onto past expectations and the balance is slowly shifting.
So here's what that means for you:
🦈 If you're a Buyer - there's opportunity here, especially in homes that have been sitting.
🦈 If you're a Seller - strategy matters more than ever, testing the market can cost you.
🦈 If you're an investor - patience and conservative numbers are key right now.
This isn't a crash. It's not a boom. It's a market asking everyone to move a little smarter.
So if you want to make those smart moves, let us get on your team and let us do our magic for you!
We’re back with your monthly market update—here’s what you need to know from March.
Home sales saw an uptick last month, signaling a positive shift as we move into the spring season. Increased activity paired with improving weather points toward the early stages of a healthy and active spring market.
At the same time, affordability continues to be top of mind for many buyers and sellers. Recent announcements from both federal and provincial governments aim to increase housing supply and create more accessible pathways to home ownership—an encouraging step in the right direction.
Whether you're thinking about buying, selling, or simply exploring your options, this season presents real opportunity. And when you're ready, we’re here with a trusted network of mortgage brokers, home inspectors, and industry professionals to support you every step of the way.
Click here to claim your Sponsored Listing.
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