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GTA Housing Market, March 2026: What the Numbers Say

Sales were up 1.7% year-over-year (5,039 homes sold), but average price slipped 6.7% to $1,017,796. New listings dropped sharply — down 16.7% to just 14,442 — while active listings sit at 21,596. The headline: More buyers, fewer choices. That's the March story. By home type: • Detached: 1,422 sales, avg $1,342,375 (-6.4% YoY) • Semi-detached: 371 sales, avg $739,365 (-8.3%) • Townhouse: 442 sales, avg $1,008,246 (-6.1%) • Condo: 2,235 sales, avg $620,479 (-8.0%) What this

How the War in Iran Is Driving Up Your Mortgage Rate and Cost of Living in Canada

Most Canadians look at what’s happening in Iran and think “that’s a world away from me.” But if you have a mortgage, or you’re trying to get one, that conflict is showing up in your finances right now. And most people have no idea. I sat down with mortgage broker Dion Beg this week, and what he shared is something every Canadian homeowner and buyer needs to hear. The Bank of Canada Held Rates. So Why Is My Mortgage Going Up? On the surface, the news looked fine. The Bank of C

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©2026 by Gary A. McGowan

Gary A. McGowan
REALTOR®
Keller Williams Realty Centres,
Brokerage, Independently Owned and Operated
16945 Leslie St. Suite 27-29
Newmarket, ON L3Y 9A2 
905-895-5972

 

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