5 Key Facts Why You Should Buy a House Now

In today’s dynamic housing market, strategic timing can make all the difference. Recent data from the Greater Toronto Area (GTA) shows shifts that favor buyers, making this an opportune moment to invest in a home. In this blog, we break down five compelling reasons to consider buying a home now and explore future trends that could reshape the market.

1. Greater Negotiation Power: Homes Selling Below Asking Price

A standout statistic reveals that 65% of GTA homes sold below their asking price in March 2025. This trend points to a market where sellers are leaving room for negotiations, allowing savvy buyers to secure properties at prices lower than initially listed.

• Negotiation Leverage: Buyers can make offers significantly below the listing price, capitalizing on a market that is still adjusting to current conditions.
  
  

• Cost Savings: Effective negotiation translates into immediate savings and a better long-term investment for homeowners.

  
  
  
  

2. A Shift in Pricing Trends: Opportunity Amid Price Adjustments

Recent figures show that the average sold price in March was $1,093,254, reflecting a year-over-year decrease of 2.5%. This slight dip offers an entry point in an otherwise robust market. Additional data underscores the opportunity:

• Reduced Sale Volume: With 5,011 properties sold (a 24% drop YoY), buyer pressure is easing.

• Faster Transactions: Properties are averaging 24 days on the market—a 20% decrease—indicating efficient sales without the frenzy.
  
  

Together, these trends create a balanced market environment that increasingly favours the buyer.

3. Expanded Inventory: More Options Mean Better Deals

A substantial rise to 23,462 active listings (a 47% YoY growth) means more choices and enhanced bargaining power.

The contrast between a growing number of active listings and a decline in closed transactions opens new opportunities:

• Wider Selection: More properties available means buyers have a greater selection, ensuring that you can find a home that fits your lifestyle.
  
  

• Negotiation Benefits: Sellers may be more inclined to negotiate on price and other terms when faced with an overabundance of inventory.
  
  

• Lower Urgency: With more time to evaluate options, buyers can make informed decisions without the pressure of multiple competing offers.

This expanded inventory is a significant advantage in today’s market, allowing for both choice and flexibility.

4. Favourable Financing: Dropping Interest Rates and Supportive Programs

The financial landscape is currently favoring potential homebuyers, highlighted by two major factors:

• Lower Mortgage Rates: Current trends show that interest rates are on the decline, making borrowing more affordable. However, it’s important to note that tariffs on certain imported materials and components may push these rates even higher in the near future.
  
  

• Enhanced Government Programs: Numerous initiatives, especially for first-time buyers, are now more accessible. These include incentives like lower down-payment requirements and rebates that ease the initial financial burden of purchasing a home.
  
  

This favorable financing environment creates a window of opportunity for locking in mortgage rates before any potential tariff-related increases impact affordability.

5. Lower Buyer Competition: A Ripe Moment to Strike

Market data indicates a cooling in buyer competition compared to previous years:

• Less Intense Bidding: Fewer competing buyers mean that you won’t be caught up in fierce bidding wars, lowering your stress and increasing your negotiating room.
  
  

• More Strategic Decisions: With less urgency, buyers have the time to thoroughly evaluate available properties, ensuring decisions are based on careful research rather than rushed emotions.
  
  

A less competitive landscape not only makes the buying process more enjoyable but also places you in a stronger position to secure a favorable deal.

Looking Ahead: Future Trends and Potential Market Shifts

While the current environment is attractive for buyers, several emerging factors could influence market conditions:

1. Potential for Higher Interest Rates:
   Although rates are falling now, the impact of tariffs on inflation could push mortgage rates higher. This is a reminder to act while current financing conditions remain favourable.
   
   

2. Increased Market Competition:
   As the economy strengthens, more buyers may enter the market, which could lead to a resurgence in competition, higher prices, and potentially bidding wars.
   
   

3. Evolving Policies on Foreign Buyers:
   The government might re-consider entry of foreign buyers—a factor that previously contributed to housing bubbles during 2016–2017. Such policy changes might eventually drive up prices.
   
   

4. Impact of Modular Housing Trends:
   With the increasing popularity of modular, small homes, traditional larger homes might see rising demand. This trend could reduce inventory for conventional houses, making it a wise strategy to buy now before these shifts fully materialize.
   
   

5. Local Market Developments:
   Regional economic events and real estate trends can quickly alter market dynamics. Keeping abreast of local conditions will be crucial for informed decision-making.
   
   

Conclusion

Current market conditions offer a powerful combination of buyer advantage: enhanced negotiation power, adjusted pricing, expanded inventory, favourable financing, and reduced buyer competition. This unique environment may soon change as tariffs potentially drive up interest rates and other market influences come into play.

For anyone considering homeownership—whether as a first-time buyer or a seasoned investor—the window to lock in the current benefits is open now. Stay informed, act decisively, and secure your future in a market that is on the brink of transformation.

Ready to Take the Next Step?

Whether you're buying your first home, upgrading, or exploring the best opportunities in today’s market, now is the time to act. From exclusive incentives to expert guidance and market insights, we’re here to help you make a smart, confident move.

Visit amirnazimy.com to explore current listings, learn about available programs, and connect directly with Amir Nazimy — a trusted real estate expert committed to helping you succeed.

📞 Let’s talk today and find the right home, at the right price, on the right terms.