interestrate

GTA Home Sales Rebound in September 2024: TRREB Market Watch

The GTA real estate market is showing signs of recovery! Home sales surged by 8.5% in September 2024, with buyers taking advantage of interest rate cuts and new lending guidelines.

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2024 GTA Housing Market: Monthly Updates (May – August)

From May to August, home sales consistently declined year-over-year, with drops ranging from 5.3% to 21.7%. Despite this, new listings increased each month, providing buyers with more options and negotiation power. Average selling prices fell year-over-year but showed slight stabilization in July and August. Looking ahead, lower mortgage rates may boost demand later in 2024, potentially driving prices up in 2025. For now, buyers can take advantage of current inventory levels and moderate prices.

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TRREB Market Report: More Options for Toronto Home Buyers in April, 2024

In April 2024, Toronto’s real estate market saw a shift with increased inventory and stable pricing compared to the previous year. TRREB’s report highlights these trends, along with insights into buyer preferences and government initiatives.

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GTA Home Sales Dip 4.5% in March 2024: Prices Rise Amidst Increased Competition, TRREB Eyes Growth and Supply Challenges

March 2024 GTA home sales dropped, but prices rose due to increased competition; with sales down 4.5% and listings up 15%, TRREB sees market shifts, anticipating further growth with lower borrowing costs, emphasizing supply solutions.

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GTA Housing Market Resurgence: Sales Surge, Price Stability, and Future Trends – Market Watch, TRREB February 2024

Explore the GTA housing market’s resurgence with a notable sales surge, price stability, and future trends. TRREB’s latest report unveils positive momentum for potential homebuyers in the Greater Toronto Area for February 2024.

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Strong Sales Surge and Market Tightening Pave the Way for Spring Optimism – Jan 2024 TRREB Market Update

Dive into TRREB’s comprehensive market update, exploring the dynamics of GTA real estate in 2023, with a keen eye on anticipated shifts in 2024

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Bank of Canada Raises Rates again for Price Stability

Bank of Canada keeps key rate steady On March 8, 2023 after eight hikes, citing tight labor market and high inflation. Economists watching indicators for rate cut. Is it too early to be optimistic?

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Too Early To Celebrate? Bank of Canada Breaks Hiking Streak

Bank of Canada keeps key rate steady On March 8, 2023 after eight hikes, citing tight labor market and high inflation. Economists watching indicators for rate cut. Is it too early to be optimistic?

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What’s next for interest rates in 2023?

Lower interest rates in 2023 bring hope for homebuyers, while sellers may benefit from market insights to achieve the best outcome. Real estate is complex and subject to economic factors.

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