There’s a big gap right now…
between what sells and what doesn’t.
Sales were up in April (5,946 homes sold), but new listings dropped 🔽 9.3%… which is not typical for the spring market.
Prices are sitting around $1.05M, down 🔽 4.9% year over year, and homes are taking about 43 days to sell.
So yes, buyers still have room to negotiate.
But…
Inventory is sitting around 4.2 months, and absorption is at 23.7%, which tells us the market is active… just not moving quickly.
The homes that are priced right and show well are still selling.
Everything else is sitting.
It’s selective. 🔔
And if you miss on pricing or strategy, it shows.
If you’re thinking about making a move this year, this is where strategy matters more than timing.
Click the ‘Send me a message’ button below and I’ll walk you through it.
Behind the Scenes
The market still feels a little unsettled.
Slower than what people are used to seeing this time of year.
Buyers are active, but they’re moving carefully. They’re watching pricing closely, revisiting options, and taking more time before making decisions. There’s very little emotional urgency in the market right now.
And honestly, price sensitivity is still driving almost everything.
Homes that are positioned well and priced realistically are still getting attention. But buyers are quick to pull back when something feels overpriced, even slightly. They’re more informed, more patient, and far more willing to wait than they were a few years ago.
That’s creating a wider gap between seller expectations and buyer behaviour.
We’re also seeing many sellers hesitate before listing altogether. Some are waiting for rates to change. Others are hoping the market feels more confident later in the year. So while inventory exists, there’s still hesitation on both sides of the transaction.
For sellers, strategy matters more than ever right now. Preparation, pricing, marketing, and understanding the current buyer mindset are making a huge difference in how a property performs.
Right now, buyers want to feel confident in the value they’re seeing. And the homes that are creating that confidence are the ones standing out.
In The Community
THE ART OF WINE TASTING
We’re officially just a few weeks away from our annual Art of Wine Tasting event.
The Art of Wine Tasting is back on Wednesday, May 27th at 6:30 PM, hosted at the Art Gallery of Mississauga.
As a long-time partner of this event, it’s something close to home. Not just for the experience, but for what it represents.
An evening centred around learning how to properly taste and appreciate wine, set in a relaxed, social atmosphere, all while supporting efforts to help feed those in need across Mississauga.
It’s one of those events that brings people together in the best way.
Great conversation. A thoughtful experience. And a meaningful impact behind it. Get tickets
What’s On
CANADA’S WONDERLAND IS OPEN
If you’re looking for a sign that summer is officially starting… Canada’s Wonderland opening weekend is usually it.
Here are the details:
Now Open for the 2026 Season
📍 Canada’s Wonderland, Vaughan
From roller coasters and splash zones to funnel cakes and full-day family chaos, it’s one of those classic GTA summer traditions that somehow never gets old.
Whether you’re there for Leviathan, kids’ rides in Planet Snoopy, or just walking around with an overpriced lemonade pretending you’re “not really into rides anymore,” there’s something for everyone.
And honestly, there’s just something nostalgic about hearing those coaster sounds in the background again. Summer feels a little more real once Wonderland opens.
We’re truly grateful to have you as part of the CHK family! Your trust and support mean everything to us, and we’re here for you every step of the way.
Whether you prefer to call, text, email, or reach out on socials, we’re just a message away, ready to help with all your real estate needs.
