Comprehensive Guide for the Home Buyers in Canada
Welcome to The Regan Team’s latest blog post, where we delve into the dynamic world of Canadian real estate with a focus on the evolving landscape for home buyers. In this insightful discussion, we will explore key considerations and expert insights shared by seasoned sales representatives from The Regan Team.
From understanding market trends to navigating the home buying process in a competitive environment, this blog offers valuable guidance for prospective buyers looking to make informed decisions in today’s real estate market.
Expectations for Buyers
Amidst present market conditions, home buyers should anticipate a refined but careful approach to property viewings. Implemented safety protocols, such as signing disclosures and minimizing physical contact, ensure a smooth viewing process while upholding health standards.
With the assistance of the real estate agent, buyers can navigate these precautions seamlessly, guaranteeing that health guidelines are followed without compromising the viewing experience’s quality.
Competing in a Balanced Market
Navigating a balanced market requires buyers to brace themselves for potential competition, particularly in highly coveted areas. With supply and demand in equilibrium, desirable properties may attract multiple offers, making it imperative for home buyers to act swiftly.
Being prepared to move quickly and having financing secured beforehand are essential steps to increase the likelihood of securing the desired housing property in such a competitive environment.
This entails having a pre-approval from a lender, understanding one’s budget, and being ready to submit a compelling offer when the right opportunity arises. By staying proactive and prepared, home buyers can position themselves effectively in a balanced market, increasing their chances of success in securing their dream home.
Understanding Home Inspection process
The home inspection process holds significant importance in the home buying journey, as emphasized by sales representatives. It serves as a critical step for home buyers to gain a comprehensive understanding of the property’s condition before finalizing the purchase.
During the inspection, various aspects of the property are assessed, ranging from major components like the roof and furnace to potential issues such as mold or structural concerns. By thoroughly examining these elements, buyers can identify any underlying issues that may affect the property’s value or safety. This professional assessment not only provides buyers with peace of mind but also equips them with valuable information to make informed decisions about the purchase.
Additionally, understanding the significance of different inspection outcomes empowers buyers to negotiate repairs or adjustments with the seller, ensuring that the property meets their expectations and requirements. Overall, the home inspection process plays a crucial role in ensuring transparency and confidence in the home buying process.
Financial Preparedness
Financial preparedness is a cornerstone of a successful home purchase, and obtaining pre-approval from lenders is a crucial step in this process. By securing pre-approval, buyers gain a clear understanding of their budget and borrowing capacity, allowing them to confidently explore properties within their means. Understanding one’s financial limitations is essential to avoid overextending oneself and ensuring a sustainable homeownership experience.
Our sales representatives offer valuable insights into navigating the mortgage approval process, providing tips and guidance to streamline this aspect of the home buying journey.
By prioritizing financial preparedness, home buyers can position themselves as serious and qualified candidates in the competitive real estate market.
As you embark on your home buying journey, remember that knowledge is power.
By understanding market trends, preparing for property viewings, dealing with competition, navigating the home inspection process, and achieving financial preparedness, you can make informed decisions and secure your ideal home.
Alex Irish
CEO & Team Leader - Sales Representative
Alex Irish has been a leading force in real estate for over thirty years, establishing a reputation as one of Oakville’s most respected and successful realtors. Known for her unwavering work ethic and ethical approach, Alex consistently ranks among the top producers in the industry.
Her commitment to client satisfaction is unparalleled, exemplified by her signature concierge service that ensures each client receives personalized and dedicated attention. In late 2016, Alex embraced a new chapter as the Team Leader of Alex Irish & Associates, where she could uphold the high standards of service that have defined her career.
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FALL MARKET KICKOFF: September 2025 Real Estate Market Update
As summer winds down, the Greater Toronto Area (GTA) real estate market is shifting once again—this time with an important boost from the Bank of Canada’s recent interest rate cut. On September 17, 2025, the Bank lowered its policy interest rate to 2.5%, marking a significant move that is expected to reinvigorate buying activity across the region.
Market Snapshot: August 2025 (TRREB) 
According to the Toronto Regional Real Estate Board (TRREB), August brought encouraging signs of stability:
- Sales: 6,232 transactions across the GTA, a 4.6% increase from August 2024.
- New Listings: 13,119, down slightly year-over-year, helping balance supply.
- Average Selling Price: $982,880, nearly flat compared to last year (+0.4%).
- Trend: Balanced conditions are giving both buyers and sellers room to maneuver, with the recent rate cut expected to stimulate fall demand.
City & Regional Highlights
Toronto 
Toronto continues to see steady demand for condos and townhomes, appealing to buyers looking for affordability in the core. Detached homes are moving more cautiously, but price stability suggests confidence returning to the market.
Mississauga 
Mississauga remains a buyer-friendly market, especially in the detached and semi-detached segments. With borrowing costs easing, families upsizing or relocating may find strong value in the fall.
Oakville 
Luxury demand in Oakville is regaining traction. The combination of limited inventory and lower financing costs positions this market for an active fall season, especially for executive homes and lakefront properties.
Burlington 
Burlington continues to attract buyers migrating west from Toronto. The city’s blend of affordability, lifestyle, and community feel has kept prices steady and competitive.
Muskoka 
Cottage country remains strong, with buyers eyeing investment properties and second homes. While activity softened slightly through the summer, the rate drop could encourage more buyers to act before year-end.
What This Means for Buyers & Sellers
With interest rates now at their lowest level in two years, affordability is improving across the GTA and Muskoka. Buyers who were waiting on the sidelines are expected to re-enter the market this fall, while sellers may benefit from increased competition for well-priced homes.
At Regan Irish & Associates, we specialize in helping clients navigate market shifts with confidence. Whether you’re buying a luxury home, selling a family property, or investing in Muskoka, our market insight and negotiation expertise ensure you get the best results.
1320 Cornwall Rd Unit 103, Oakville, ON L6J 7W5
905.842.7677
Visit reganirish.com——
August 2025 GTA Real Estate Market Update | Regan Irish
The August 2025 GTA Real Estate Market Update reflects renewed momentum and affordability in Toronto, Oakville, Mississauga, Burlington, and Muskoka. Thanks to steady interest rates and appealing home prices, July proved surprisingly dynamic. Let’s dig into the numbers and what they mean for you.
Interest Rates Remain Stable — Affordability Fueling Activity
In July 2025, the Bank of Canada maintained its key rate at 2.75%, its third consecutive pause. With lower borrowing costs now more accessible, affordability is encouraging a wave of renewed buyer activity.
GTA Market Overview: Sales Surge, Prices Slightly Dip
- Home Sales: 6,100+ transactions region-wide, marking a 10.9% increase YoY and the strongest July since 2021.
- Month-over-Month: Seasonally adjusted sales rose 13% from June to approximately 5,744 units, the biggest monthly gain in nine months.
- New Listings: Up 5.7% YoY, totaling 17,613 new offers.
- Price Trends:
- The MLS® Home Price Index (HPI) Composite Benchmark fell 5.4% YoY.
- The average GTA selling price dropped 5.5% YoY to around $1,051,719.
- Word on the street indicates the HPI drifted slightly lower—about $979,000, down 0.2% from June.
What It Adds Up To: Buyers are back in force—sales are outpacing new listings while prices softened, creating renewed market opportunities.
City Highlights
Toronto
A more balanced landscape—but some segments remain soft. Condos and detached homes see inventory rising; semis are steadier.
Oakville, Mississauga, Burlington & Muskoka
While TRREB doesn’t break down by city in these reports, regional trends suggest:
- Mississauga & Burlington: Strong rise in listings and dipping average prices give buyers leverage.
- Oakville: Stability in demand for luxury keeps discounts modest.
- Muskoka: Continued strong interest in sub-$2M waterfront properties should benefit from broader GTA momentum.
What This Means for You
- For Buyers:
Renewed affordability, rising inventory, and favorable interest rates make August a prime time to move. - For Sellers:
A more balanced market—strategic pricing and quick response will be key to success. - For Investors & Cottage Buyers:
Strong July sales in the GTA point to increasing investor interest; Muskoka remains a high-value lifestyle and investment destination.
Work With the GTA Real Estate Experts
Whether you’re planning to buy a Muskoka cottage, invest in a luxurious Oakville property, or explore options across Toronto, Mississauga, or Burlington, now is the time to act.
Regan Irish & Associates specializes in luxury, resale, and investment properties across the GTA and Muskoka. Our market insight and negotiation skills help you get the best results—whether buying, selling, or investing.
1320 Cornwall Rd Unit 103, Oakville, ON L6J 7W5
905.842.7677
Visit reganirish.com
Let’s make today’s market your opportunity—contact us today!
