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0 Views • Nov 8, 2024 • Click to toggle off description
Home sales in the Greater Toronto Area saw a significant year-over-year increase in October 2024. New listings also rose over the same period, though at a slower pace. This led to tighter market conditions compared to October 2023, with the average selling price showing a modest annual increase.

The early stages of the Bank of Canada’s rate-cutting cycle seem to have encouraged more buyers to re-enter the market. The improved affordability, driven by lower borrowing costs and stable home prices, has contributed to this shift, bringing more prospective buyers off the sidelines in October.

#OctoberMarketStats
#marketstatistics #TRREBMarketWatch
#TaraNealMcNally #TorontoRealEstate #lovewhereyoulive #knowthenumbers #realestateportfolio
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Uploaded At Nov 8, 2024 ^^


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RYD date created : 2025-02-08T21:09:13.5026985Z
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