If you’re a homeowner thinking about moving, one of the biggest questions you’ll face is: should you buy your next home first, or sell your current one first?
In today’s shifting real estate market across the Greater Toronto Area and Durham Region, the answer isn’t one-size-fits-all. It depends on market conditions, financing, your comfort level with risk, and your long-term goals.
Let’s break it down in a clear, practical way so you can make the best decision for your situation.
Understanding Today’s Market
We’re no longer in the ultra-competitive market where homes sold in days with no conditions. Inventory has increased, buyers have more choice, and pricing has become more balanced.
What does that mean for you?
- Buyers have more negotiating power
- Conditional offers are more common
- Timing matters more than ever
This environment changes the traditional “rules” around buying and selling.
Option 1: Buying First
Pros of Buying First
Buying first can make sense if:
- You find a home you truly love and don’t want to risk losing it
- You have strong financing or access to bridge financing
- You want to avoid feeling rushed when buying
Benefits include:
- Time to secure the right home, not just the first available one
- Less pressure to compromise on location, layout, or features
- Ability to move once, rather than juggling temporary housing
Cons of Buying First
However, buying before selling comes with risks:
- Carrying two mortgages (even short-term)
- Market shifts impacting the sale price of your current home
- Higher stress if your home takes longer to sell
Buying first works best for homeowners with solid financial flexibility and a clear pricing strategy for their existing property.
Option 2: Selling First
Pros of Selling First
Selling first offers clarity and peace of mind for many homeowners.
Advantages include:
- Knowing exactly how much equity you have to work with
- No risk of owning two homes at once
- Stronger negotiating position as a buyer
In today’s market, many sellers prefer this route, especially those moving up or downsizing.
Cons of Selling First
That said, selling first can create new challenges:
- Feeling pressure to buy quickly
- Risk of not finding the right home in time
- Temporary housing
This option works well when paired with a well-planned buying timeline and realistic expectations.
A Smart Middle Ground: The Conditional Strategy
In balanced markets, a conditional approach is often the most strategic.
This may include:
- Buying with a condition on the sale of your current home
- Selling with a flexible closing date
Conditional offers are becoming more accepted, especially in areas like Whitby, Oshawa, and surrounding Durham communities.
Key Questions to Ask Before Deciding
Ask yourself:
- How quickly would my current home realistically sell?
- Can I financially carry two properties if needed?
- How flexible am I on move-in dates?
- Am I buying in a competitive neighbourhood or a calmer one?
Your answers will point you toward the right strategy.
So… Is It Better to Buy First or Sell First?
There’s no universal right answer, but there is a right answer for you.
- If financial certainty matters most → Sell first
- If finding the perfect home is your priority → Buy first
- If you want balance and flexibility → Use conditions strategically
The key is having a clear plan, realistic pricing, and expert guidance.
Let’s Build a Plan That Works for You
Timing the sale and purchase of a home doesn’t have to be stressful. With the right strategy, you can move confidently and protect your investment.
If you’re thinking about making a move in Durham Region or the GTA, I’d be happy to walk you through your options and help you decide what makes the most sense for your situation.




