As expected for the spring season, home sales in April picked up compared to March. But when we look at the numbers year-over-year, sales across the GTA were still lower than last April. Many buyers are sitting on the sidelines, waiting for interest rates to drop and the economy to feel more stable.
According to TRREB President Elechia Barry-Sproule, the recent federal election has also made some households cautious, especially as they keep an eye on how Canada's trade ties with the U.S. evolve. If we see positive movement in that direction, it could boost buyer confidence and lead to a stronger, more active market.
🏡 So, Why MILA? Why Now?
While many are waiting, Smart Buyers are acting now and MILA is exactly why. With brand-new homes in Scarborough starting at just 5% down and no development fees, you’re getting in before rates shift and prices rise.
Add to that a VIP model home tour, free catered lunch, and special incentives during our Exclusive Anchor Launch Event on May 24 & 25. This is an opportunity too good to wait on.
💬 Comment "Home" to register for the event today!
Source: Toronto Regional Real Estate Board (2025)
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