This article briefly overviews the Toronto ( GTA) real estate market.

Wednesday Jul 24th, 2024

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📌📣The Bank of Canada reduced interest rates by 25 basis points to 4.5%

The Toronto (GTA) market is calm despite many expecting prices to rise once interest rates drop.

However, this doesn't mean that nothing is being bought or sold. During a market slowdown, much depends on the area and price.

Buyers are purchasing rather than just browsing.

Those who list their properties at current market prices understand that they will also buy at today's prices and quickly receive buyer offers.

🧐If you're interested in what's happening in a specific area, please get in touch with me, and I'll do my best to answer all your questions.

Alla Poltavski West End Toronto agent .

I am always happy to explain the buying and selling of real estate in more detail and consult you on any real estate-related questions.

☎️ 416 735 3158

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Tags: market news

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