The November 2024 market snapshot for the Greater Toronto Area (GTA) paints a picture of a market in transition. With interest rates starting to decline, the dynamics of buying, selling, and investing in real estate are shifting. Lower borrowing costs could breathe new life into a market that has already shown resilience. Here’s my take on what these trends mean for you. A Market Poised for Growth The GTA saw 21,818 active listings and 5,875 homes sold in November, with homes... [read more]

The latest real estate stats are in! Here’s a quick look at the GTA market in October: From the October 2024 Greater Toronto Area market snapshot, a few notable trends stand out: Overall Market Stability: The average home price across the GTA is at $1,135,215, indicating a balanced market with relatively stable prices. Homes are staying on the market for about 27 days, suggesting consistent buyer interest but no significant rush. Variation by Property... [read more]