November felt intentional.
and the Bank of Canada just held its rate.
Not a surprise, but definitely welcome news heading into the new year. A hold signals stability and keeps expectations grounded, which is exactly what the market has been waiting for.
The market isn’t rushing and honestly? That’s a good thing. Buyers and sellers are making moves that are grounded, not reactive.
🏡 Average Price: $1,039,458 (▼ 6.4% YoY)
📉 Sales: 5,010 (▼ 15.8% YoY)
📝 New Listings: 11,134 (▲ 4.0% YoY)
📦 Active Listings: 24,549 (▲ 16.8% YoY)
What’s the read?
This is still a strategy-first market.
Homes that show well and are priced with the current market — not the 2021 market — are getting traction. Homes priced for the old dated version of the market? They’re lingering.
Buyers have room to think and negotiate. But when the right home comes up in the right pocket? They won’t hesitate.
The bottom line:
You don’t have to predict the market.
You just have to understand it — and plan around it.
If you’re considering a move, let’s talk strategy.
The opportunities are there…if you know how to find them. Let’s get planning your 2026 RE goals!
Merry Christmas
FROM ALL OF US AT CHK REAL ESTATE
Behind the Scenes
The numbers are telling a quieter story right now:Sales are down year over year, new listings have slowed, and prices have softened across most segments. On paper, it looks like the market is catching its breath. But here is what that feels like in real time.
Buyers want to take advantage of lower borrowing costs and more favourable pricing, but confidence is still the missing ingredient. Everyone is watching the economy, job market, and interest rate direction before making bigger moves.
Sellers are reading headlines about improving economic indicators and assuming the shift will be immediate, but it has not translated to pricing power yet. That mismatch is creating hesitation on both sides.
Yes, the market is well supplied, but that does not automatically mean deals are easy right now.
Many negotiations are stretching out longer and offers are cautious and conditional instead of aggressive.
The properties that are moving today have three things in common:
- Realistic pricing
- Strong presentation
- Timing that aligns with buyer confidence
That is what is separating the sits from the sells.
The silver lining is that we are starting to see encouraging signals around employment and broader economic growth. That type of news builds consumer confidence and real demand. If that momentum continues, 2026 could look very different.For now, strategy, patience, and smart positioning remain the winning combination.
If you are thinking about your next move, let us talk about what is happening in your neighbourhood and what buyers there are responding to right now.
Thank You, Mississauga
VOTED BEST BROKER OF 2025
Gold Winner… and it’s all because of you. 💛
We’re incredibly grateful to share that CHK Real Estate has been named the Readers’ Choice Gold Winner for Best Broker 2025 — and when we say this isn’t our win, it’s yours, we mean it.
You show up for us.
You cheer us on.
You trust us with one of the biggest decisions of your life — and we never take that lightly.
Thank you for voting.
Thank you for referring us.
Thank you for believing in who we are and how we serve.
We’re so proud to be part of this amazing community. Here’s to another year of helping you reach your real estate goals!
What’s On
CHRISTMAS AT CASA LOMA
If you’re looking for a little holiday magic this month, Christmas at Casa Loma is always one of our favourites.
The whole castle transforms into a festive wonderland with twinkling lights, soaring Christmas trees, live performances, and that cozy, nostalgic holiday feeling we all secretly love.
There are two ways to experience it: visit during the day and wander through the beautifully decorated rooms (the tree in the Great Hall is breathtaking), or go in the evening for the Holiday Lights Tour through the gardens and tunnels. Both feel completely different, and honestly, both are worth doing if you’re in full holiday mode.
This year, the event runs from December 5th through January 3rd, so there’s lots of time to fit it in. Tickets tend to go quickly close to Christmas, so booking ahead is definitely a good idea.
Perfect for families, date nights, or just grabbing a festive night out with friends.
