Thursday, October 3, 2024 / by Evelyn Lopes
MARKET WATCH- Community Market Report _September 2024 stats released
GTA Home Sales on the Rise: What You Need to Know
The Greater Toronto Area real estate market is heating up, and now could be the perfect time to make your move! ??
In September, home sales surged by 8.5% compared to last year, with nearly 5,000 homes sold. Not only that, but over 18,000 new listings hit the market, giving buyers more options and better negotiating power. ??
With interest rates dropping and new mortgage rules making it easier to secure financing, especially for first-time buyers, the opportunity to buy is better than ever. Whether you’re considering a condo, townhouse, or your dream family home, these favorable conditions are making homeownership more affordable.
One of the biggest updates? The average home price in the GTA has dipped slightly—just 1% down from last year. This means buyers can find great deals, particularly in more affordable housing options like condos and townhouses. ??
Curious about the full market picture? Check out the interactive ...
The Greater Toronto Area real estate market is heating up, and now could be the perfect time to make your move! ??
In September, home sales surged by 8.5% compared to last year, with nearly 5,000 homes sold. Not only that, but over 18,000 new listings hit the market, giving buyers more options and better negotiating power. ??
With interest rates dropping and new mortgage rules making it easier to secure financing, especially for first-time buyers, the opportunity to buy is better than ever. Whether you’re considering a condo, townhouse, or your dream family home, these favorable conditions are making homeownership more affordable.
One of the biggest updates? The average home price in the GTA has dipped slightly—just 1% down from last year. This means buyers can find great deals, particularly in more affordable housing options like condos and townhouses. ??
Curious about the full market picture? Check out the interactive ...
