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