MARKET INSIGHTS & UPDATES

🎺 Concerts in Richmond Hill: Richmond Hill hosts several live concert events throughout the community featuring an exciting line-up of performers, tribute bands and local talent! Every Thursday from July 3 to August 28 from 7:00 pm to 9:00 pm @ Mill Pond Park and Oak Ridges Branch (Library), 314 Mill Street, Richmond Hill 🥩 Ribfest Richmond Hill: Richmond Hill’s Ribfest is the tastiest event of the year! In addition to the many delicious food options, enjoy live entertain

What Trends are we Seeing? By all accounts we should have seen a more significant shift in the affordability metric to the Toronto and Greater Toronto Area (GTA) real estate market. Headlines like Active listings up 30.8 per cent in June year-over-year Grater Toronto real estate inventory of active listings of homes for sale on MLS hits a record high for June Greater Toronto real estate sales slip to a 25-year low 354 new homes sold in May 2025 17 months of new home invento

🎪 The Stouffville Market Date: Saturdays throughout June, 2025. Time: 9:00 AM – 2:00 PM Location: The Stouffville Market - 6240 Main Street, Stouffville Details: An outdoor market in the heart of beautiful downtown Stouffville, it is a destination on Saturdays for families, friends, neighbours and visitors to town. Come see the wonderful array of artisans, creators, foodies and so much more! 🧘Outdoor Meditation at Fairy Lake Park Date: Every Saturdays throughout June, 20

What Trends are we Seeing? The month of May continued to bring similar numbers on a year-over-year basis which point to a suppressed real estate market. On the Toronto Regional Real Estate Board (TRREB), total inventory increased 41.5 per cent year-over-year, new listings increased 14.0 per cent year-over-year, number of sales were down 13.3 per cent year-over-year, and average selling price was done four per cent year-over-year. There is no doubt that the real estate mark

Unique Homes Magazine Featuring listings from Avenue Realty on page 25! - Click on the image below to see the digital edition of the ultimate resource for luxury real estate. Call the Avenue Realty Team to find out more about any of our listings - 905-737-6060.

Walk for Hill House Hospice: Walk with purpose to support local hospice care and the city’s compassionate spirit! May 25,36 Wright St, Richmond Hill Richmond Hill Spring Fair: Celebrate Spring with a Fair! BBQ, Ice Cream, Children's Activities, Door Prize and Performances! May 25, Richmond Green @ 1300 Elgin Mills Rd E, Richmond Hill Victoria Day Fireworks: Celebrate Victoria Day in Memorial Park, rain or shine, enjoy food trucks, live music and spectacular fireworks show!

What Trends are we Seeing? Below are some facts to consider: Number of homes sold April 2024 were DOWN 23 per cent year-over-year Number of homes sold April 2024 were UP 1.8 per cent month-over-month Average price is essentially FLATLINED April 2024 experienced a 4.1 per cent decrease in average price year-over year April 2024 experienced a 0.7 per cent decrease in average price month-over month Looking at average price on each month over the last three years we see that it

High Park Cherry Blossoms: Enjoy spring by taking a walk around the magnificent blooms April 1 until season lasts, 3 PM - 10 PM at High Park, Toronto Good Friday Concert: Have fun with the whole family with music and readings for this holy day. April 18, 4 PM - 11 PM at 1585 Yonge St, Toronto Easter Hoppenings: Hop on by in celebration of Easter. Egg hunt through the Museum’s heritage buildings, photo station, crafts, exhibit galleries and more! April 19, 11 AM - 3 PM at 1447

What Trends are we Seeing? Multiple offers: that was unexpected wasn’t it!? Depending on the price point and product type we are seeing multiple offers. The latter half of March proved to be a good time to sell for owners of semi-detached and townhouses priced between $1.0 million and $1.5 million. Detached homeowners with assets valued below $2.5 million also found multiple buyers coveting their properties. Key for the homeowners that attracted attention from multiple bu

Dunlap Observatory: Explore the night sky and discover the cosmos at Canada's National Historic Site. March 8 - March 16, 9 AM - 7 PM at 123 Hillsview Dr., Richmond Hill Maple Syrup Festival: Come out and tap into spring! Enjoy demonstrations, wagon rides, activities, and of course pancakes and real maple syrup. March 8 - March 16, at 3291 Stouffvile Rd, Stouffville Guided Forest Hiking: Enjoy fresh air, meet new friends and energize with the guided walks by Oak Ridges Trail

What Trends are we Seeing? February 2025 Toronto Regional Real Estate Board (TRREB) delivered an average price drop of 2.2 per cent on a year-over-year basis. This relatively unchanged average price metric flew in the face of inventory figures which would otherwise call for a much deeper price correction. Total inventory soared 76 percent higher in February 2025 compared to that of February 2024 with a total of 19,536 properties available. Total number of sales decreased

Valentine’s Day Jazz Night : Enjoy an unforgettable night at the aquarium with a live band and live performance Feb 14 7PM at Ripley’s Aquarium, 288 Bremner Blvd, Toronto Family Day Magic Show : A fun afternoon of spectacular magic, amazing stage illusions and more! Feb 17 2PM at 255 Bremner Blvd, Toronto Enchanted Forest Trail : Wander among glowing treehouses amongst the driving or hiking trails illuminated with light. Every weekend until March, at 3291 Stouffvile Rd,Stouff

What Trends are we Seeing? January 2025 Toronto Regional Real Estate Board (TRREB) posted a 70.2 per cent increase in total inventory from January 2024 driven by i) a 48 per cent increase in new inventory and ii) 7.9 per cent less transactions year-over-year. This resulted in a Sales to New Listing Ratio of 31 percent which was a 19 per cent drop year-over-year. A Sales to New Listing Ratio below 40 per cent is indicative of a buyer’s market. The cracks are showing. Yet, from

Skiing and Snowboarding: Earl Bales Park offers an amazing resort in the heart of Toronto, for all levels and ages! Jan 1 until weather permits, at 4169 Bathurst St, North York Winter Jazz Festival: Top chefs and award-winning Canadian jazz artists come together for multiple celebrations Jan 21 to March 18, 4261 Hwy 7, Unionville Astronomy Family Night: Mars Madness! Families will be introduced to the wonders of astronomy with RHDDO Astronomers. Jan 18 - David Dunlap Observ

What Trends are we Seeing? 2024 will likely be noted as a challenging one for both buyers and sellers for years to come. From a buyer’s perspective the fundamentals of supply and demand played in their favour; seemingly. Even though interest rates dropped, affordability was still a challenge for many buyers struggling to meet downpayment requirements and seller resilience from a price perspective. The result was an average price drop on the Toronto Regional Real Estate Bo

Christmas Market: Enjoy a variety of vendors, artisans and Holiday themed refreshments with your family. Until Dec 24, 10 AM - 9 PM at 333 Lakeshore Blvd E, Distillery District Cut Your Own Tree: Discover the joy of choosing and cutting your own Christmas tree. Until Dec 22, 10 AM to 4 PM at 16210 Ninth Line, Stouffville Theatre Event: Deck the Halls is an enchanting musical exciting for all ages. Until Jan 5, at 343 Evans Ave, Toronto Lights Festival: Take in the magic of

What Trends are we Seeing? The Toronto Regional Real Estate Board (TRREB) has now seen two 40 per cent plus increase in number of transactions for the past two months on a year-over-year basis. With November 2024 number of transactions exceeding that of November 2023 by 40.1 per cent the term “inflection” point associated with October 2024s 44.4 per cent increase in sales year-over-year has now turned into a more definitive “rebounding”. This is underscored by the Sales to

Canadian Band Festival: Presenting its annual Fall Festival, with free mini concerts happening earlier in the day. Nov 23, 4 PM at 25 Centre Ave, North York Santa Claus Parades: Santa Claus is coming to town, with festive floats, marching bands and more! Nov 17, 3 PM at EG Civic Centre, East Gwillimbury Nov 30, 11AM Main Street, Markham Toronto Art Crawl: Art, photography, sculptures and more! Until November 29, 11 AM - 4 PM at 250 Fort York Blvd, Toronto Christmas Market:

What Trends are we Seeing? With the Toronto Regional Real Estate Board (TRREB) posting an October 44.4 per cent increase in sales year-over-year it has been noted to be an emphatic movement of buyer’s off of the sidelines and back into the real estate market. Average price increased 1.1 per cent year-over-year in October 2024. The movement in number of sales was entrenched throughout the real estate market both with respect to geographic location and product type. YEAR-OVE

Pumpkin Patch: Pick your own pumpkins and apples plus enjoy the corn maze, wagon rides and more family fun! until Oct 31, 9 AM - 430 PM at Applewood Farm, 12416 Mccowan Rd, Stouffville Haunted Hollows Scream Park: Get Spooked! Over 2 acres of thirty individual scenes, professional animatronics and live actors. Weekends until Halloween, 7 PM - 10PM at 18444 Yonge St, East Gwillimbury Pioneer Village: Step into 1860s Ontario at an open air-heritage museum Until November, 11

What Trends are we Seeing? The number of home sales in September 2024 rose by 8.5 per cent relative to that of September 2023. The combination of softer home prices and decreasing interest rates have brought some wait-and-see buyers off the sidelines. The benchmark home price index dropped 4.58 per cent on a year-over-year basis to $1,068,700. The largest decline came from the townhome market with a 4.0 per cent decline ($904,200). The second largest decline came from the

Apple Picking: Royal Orchards offers 12 acres of apple picking. Sept 13 to Oct 20, 9 AM - 5 PM at 3105 16th Sideroad, King City Farm to Fork Tour: East Gwillimbury has an abundance of local farms where guests can explore farms/attractions. Sept 30, 9 AM - 5 PM at 18974 Leslie St, East Gwillimbury Art Bash 2024: Celebrating Ontario’s collection of modern art and the artistic expression, fashion, music and food. Sept 26, 8 PM at 317 Dundas St W, Toronto Urban Makers Market:

What Trends are we Seeing? With the Sales-to-New Listing Ratio (SNLR) for residential homes at 40% we continue to see a buyer’s or balanced market. Note that this is an uptick from prior months of July and August where the SNLR was definitively a buyer’s market. The number of transactions in August 2024 decreased to that of August 2023 by 5.3%. Notable is that there was an increase in the number of transactions from July 2024 to August 2024 by 0.6 per cent. All property