REM - Real Estate Magazine

A seller reading August’s housing headlines could reasonably expect an easier sale. There were fewer competing listings across the Greater Toronto Area, and TRREB raised the possibility of renewed price growth. Then comes the number I would put in the listing presentation: 51 days. That was the average property days on market for homes sold in August, up from 49 a year earlier. It includes time spent under previous listings for the same property, subject to TRREB’s rules.

Saskatchewan homebuyers had slightly more choice in August as new listings increased and available supply edged higher, but inventory remains well below historical norms. The province recorded 1,510 residential sales, down three per cent from August 2025 but more than eight per cent above the 10-year average, according to the Saskatchewan Realtors Association (SRA).

Editor’s note: This article was drafted using AI from a transcript of The Leads Are Sh*t. It was reviewed for accuracy and approved by show co-host Andrew Fogliato, then edited for publication by Courtney Zwicker. Finding a neighbourhood with no dominant agent can feel like discovering open territory. No obvious competitor. No entrenched brand. No one consistently publishing the market data, mailing the homeowners or defining what makes the area special.

The views expressed in this column are solely those of the author. There’s one question in particular that I like asking real estate teams after they present their monthly marketing report. Not, “How many leads did you generate?” Not, “What was your cost per lead?” I ask this: “How many closings came from those campaigns?” It’s surprising how frequently the room goes quiet in response.

(1 Marlborough/Devron Developments and Dorsay Development Corp.) Up-and-coming luxury condo project 1 Marlborough, slated to break ground in Toronto’s Rosedale neighbourhood, is as much a visual contrast to the city’s condo developments of recent memory as it is a departure from the philosophy behind them. The design’s vaulted arches, reminiscent of timeless apartments in Manhattan, London and Paris, are anchored by a storied heritage building.

Raise pre-listing inspections with a room full of real estate agents and the objection arrives inside of 90 seconds. If the inspection finds something, I have to disclose it. I’ve handed the buyer a list of reasons to come after my price. Better not to know. I understand the concern. Before leading a home inspection company, I spent years in brokerage leadership, working with agents and brokerages. I now see the same transaction from the inspection side.

Continuing tight supply-demand conditions have lifted real housing valuations in Canada above their long-term trend, raising the risk of an eventual softening in prices, says the latest Real Estate Trend report by Scotia Economics. “The fundamentals underpinning Canada’s housing market are still quite good,” says Adrienne Warren, senior economist, Scotia Economics. “Unemployment is low, immigration is high and apartment vacancy rates are tight.

Canada’s housing market is beginning to move toward recovery, but RBC Economics says the turnaround has come too late to prevent home sales and prices from declining this year. In its mid-year housing outlook released this week, RBC said home resales have been improving since April, inventory has levelled off and prices are either stabilizing or declining at a slower pace.

Suze Cumming, founder of The Nature of Real Estate and Canada’s Real Estate Negotiation guru, answers Realtors’ questions on the first Friday of the month about negotiation tactics and working through tricky situations. Have a question for Suze? Send her an . A client sits across from you with an automated valuation, a conversation with an AI assistant and advice from a cousin who “knows the market.” None of them agree with each other, and none of them agree with you.

(The new board members set to take control of the Real Estate Council of Ontario (RECO). Left to right: Mark Rodger, Joseph Iannicelli, Jennifer Quaglietta, Josie Erzetic and Colin Shaw). Nearly 10 months after he stepped in to take a leading role in the transformation of the Real Estate Council of Ontario (RECO) at a tumultuous time, Jean Lépine says the regulator is ready to move forward without him. RECO said this week it will transition authority to its new interim board of directors on Sept. 9.