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Greetings!
This fall, economic uncertainty around inflation, borrowing costs, and the broader economy kept many Greater Toronto Area buyers on the sidelines. Home sales came in at 5,603 - down 7.9% from October last year - while new listings also declined by 11.9%, leaving buyers with fewer choices in many neighbourhoods.
Even so, there are encouraging signs. On a seasonally adjusted basis, sales, new listings, and prices all edged up from September. The average selling price was $1,024,108, down 2.7% year-over-year, while the overall benchmark price was down 4.3%. In practical terms, buyers still have meaningful negotiating power, and lower selling prices have helped offset some of the impact of higher borrowing costs.
As we look toward 2027, a clearer economic outlook could help restore confidence and bring more buyers back into the market. If you’ve been thinking about making a move, a little preparation now could put you in a strong position.
If you’d like to discuss what this means for your neighbourhood or your timeline, reply to this email or give me a call!
Deb
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October started for me with a trip to Israel, with twelve other travellers, to connect with the people of northern Israel. Two highlights among many were the Druze family who hosted us for a delicious lunch and new learning about them and the Druze people; and then Moustafa, who served up optimism about shared society along with the best coffee I’ve ever had (a hint of cardamom) and a halva made with sweet potato rather than sugar, all in his small shop in the Wadi Nisnas market area of Haifa.
The people were the highlight, the people, the sunsets, and the trees! Story of my life. 😉
I missed Thanksgiving in Canada, but was back in time to celebrate the back-to-back birthdays of two of my grandchildren, and to enjoy the spectacular colours of this fall in Ontario!
| | Client Spotlight - Philip Pace in Snow White and the Seven Tenors: A Panto | | |
My talented client and friend Philip Pace is appearing in Drayton Entertainment’s family-friendly production of Snow White and the Seven Tenors: A Panto, running at the St. Jacobs Country Playhouse from November 19 through January 10, 2027! If there are young ones in your life, they will love love love this!
Philip plays Doc, the leader of the Seven Tenors, and also appears as King Percival, Snow White’s dad - a fun double role in this musical twist on the classic fairy tale.
It’s a perfect holiday outing for all ages, blending panto tradition, comedy, and familiar songs.
Here’s more info and a link to tickets.
Also please note this CORRECTION to the link to SOULO Theatre featured in my October newsletter: SOULO Theatre.
| | Vendor Profile: Hive Share / Bee Rescue | | |
My name, Deb, is short for Debra, which is Hebrew for “honey bee,” so bees have a special place in my heart - and not only because of my name! Even if your name isn’t Deb, I’m sure you’ve had bees on your radar, heard that their numbers are dwindling, and maybe you’ve also heard about the health qualities of honey - and that local honey is especially good for us?
For the last few years, all of my honey has come from Toronto Bee Rescue, a family business run by Peter Chorabik. He started with just two hives in 2012, and today, the family cares for more than 600!
Their Hive Share program lets you sponsor part of a hive and receive a share of the honey it produces. It’s raw and unpasteurized, so the natural enzymes and local pollens stay in the honey.
It’s a really lovely way to support bees AND enjoy honey that’s truly local! My 2026 share is from the Don Valley!
Toronto Bee Rescue
Hive Share
| | Take It Tableside: 10 Toronto Spots Serving Dramatic Dining Experiences | | |
Sometimes dinner out is as much about the experience as the food. These 10 Toronto restaurants take tableside service to another level, with everything from pasta tossed in a giant wheel of cheese to flaming desserts and Peking duck carved right in front of you. If you're looking for somewhere a little different for your next night out, there are some fun options here.
See the complete list
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Featured Listing: 36 Lockwood Road
$2,299,000
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Just two blocks from the lake and tucked into the coveted Beach Triangle, this detached home offers 4 bedrooms above grade, 5 baths and a fully finished lower level. The open-concept main floor features spacious living and dining areas, a modern kitchen and separate family room with fireplace and walkout to the backyard deck. The entire third floor is dedicated to an impressive primary retreat, complete with fireplace, private balcony, walk-in dressing room and a luxurious 6 piece ensuite. The finished lower level with an additional bedroom, recreation space and second kitchen, is ideal for a nanny suite. Outside, enjoy a private backyard and large deck. The lake, parks, excellent schools, Queen Street shops, restaurants, cafés and transit are all just steps away.
Click here for the full listing
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Featured Listing: 24 Indian Road Crescent
$1,399,990
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Incredible investment opportunity! Fabulous 2 storey fourplex available on a quiet tree-lined family-friendly street just north of High Park. Four bright, charming, well-maintained 1 bedroom units, each with a large, sunny eat-in kitchen, separate light-filled living area, and 4 piece bath. Enviable, ultra-convenient west-end neighbourhood steps from subway station, TTC bus routes, and the countless shops and services of Bloor West Village and The Junction. Three units rented to long-term, stable tenants. 1 vacant unit is renovated and ready to be leased at current market value. Great opportunity in an A+ location.
Click here for the full listing
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Thank you, as always, for your referrals, your trust, and for keeping me busy doing work I genuinely love. The current market can sometimes be quieter than expected, then suddenly very busy - but good preparation and patience still make all the difference.
I’d love an update from you!
Let me know if you have any questions I can help with.
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT.
As provided for under the Privacy Act, if you wish to have your name removed from this database, please click on the 'safeunsubscribe' link below.
All Buyers/Sellers should satisfy themselves as to the accuracy of any information provided herein - in particular with regard to measurements, taxes and other data provided in any MLS listings provided by this sales representative.
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