🧐A very brief update on the current state of the real estate market.
Thursday Sep 5th, 2024
ShareHello, 🧐A very brief update on the current state of the real estate market. 👉In August 2024, Greater Toronto Area (GTA) home sales dropped 5.3% year-over-year, with 4,975 sales reported. 👉 New listings saw a slight 1.5% increase, totaling 12,547. 👉Average home prices dipped 0.8% to $1,074,425, while the MLS® Home Price Index fell 4.6%. 👉TRREB President Jennifer Pearce noted that the Bank of Canada’s recent rate cut would improve affordability, especially... [read more]