Here's what we're seeing on the ground as active buyers across Ontario right now.
Days on market are stretching
Homes that would have sold in days during peak periods are now sitting for weeks. Across much of Ontario, we're seeing average days on market stretch well past 30 days — in some markets, significantly longer. Sellers who listed expecting a bidding war are adjusting their expectations.
This isn't uniformly bad news. In some areas and price points, well-priced, well-presented homes are still moving. But homes that need work, or that are priced to reflect a market that no longer exists, are sitting. That gap between what sellers expect and what buyers are willing to pay is the defining feature of the current market.
Buyers have more leverage than they've had in years
Inventory has built up. Buyers are taking their time, asking for conditions, and negotiating. The unconditional offers that characterized 2021 and 2022 are largely gone. If you're selling a home that needs work, you're competing against a growing pool of properties — and buyers who can afford to be selective.
This changes the math on prepping a home for listing. Spending $15,000 on repairs and updates to get a home market-ready makes sense when it's a seller's market and you'll recover it in the sale price. It's a harder decision when the market is slower and the outcome is less certain.
What this means if you're thinking about selling
If your home needs work, or if you value certainty, the current market makes the case for a cash sale stronger than it's been in years. Every month a property sits, carrying costs, property taxes and maintenance keep adding up.
Where we're actively buying
We're buying across Ontario right now — not waiting for market conditions to shift. If you have a property you need to move on from, we're in a position to make you an offer regardless of market timing.
Active areas include Toronto and the GTA, Hamilton and Niagara, Kitchener-Waterloo, London, Windsor, Simcoe and Muskoka, and Northern Ontario, plus the surrounding communities. If you're in a different part of Ontario, reach out — we'll take a look.
The short version
The Ontario market has slowed. Homes are taking longer to sell. Sellers with properties that need work are feeling that most acutely. If speed and certainty matter to you right now, it's worth having a conversation about what a cash sale looks like for your specific property.
We're here and we're buying. Reach out any time.
Thinking about selling in Ontario?
We're actively buying across the province. Get a fair cash offer — no obligation, no pressure.