We’re back at it again with a review of Market numbers for the month of March. Let’s have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of March. Let’s have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of February. Let’s have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of January. Let’s have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of December. Let’s have a look at the numbers.
What's going on in the Real Estate Market? We saw a 2.6% Increase in the average sales price overall and a 40.1% increase in sales activity in November 2024 compared to the same period last year.
Most people expected prices and sales to soar once we started seeing interest rate drops. Many sellers expected buyers to just fly back to the market once rates started to drop. That didn't necessarily happen. Over the month of November, we saw a huge increase of 30% in the number of active listings on the Market.
When you break it all down, you realize there are a lot of Sellers that came to the table and that necessarily didn't sell their properties. Many listings are sitting on the market, which presents a huge opportunity for Home Buyers.
Overall, I believe we are in a Healthy market as we have been able to experience a little bit of everything in today's market. Buyers have options and Sellers do to.
We at Unna Real Estate Group believe that every situation is different and every neighbourhood is different and should be analyzed as such. Feel free to reach out to us any time so we can help you analyze your situation.
We’re back at it again with a review of Market numbers for the month of November. Let’s have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of September. Lets have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of August. Let’s have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of July. Lets have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of June. Lets have a look at the numbers.
We’re back at it again with a review of Market numbers for the month of May. Lets have a look at the numbers from the first month of Spring.
We’re back at it again with a review of Market numbers for the month of April. Lets have a look at the numbers from the first month of Spring.
April 2024 home sales were down in comparison to April 2023, when there was a temporary resurgence in market activity. New listings were up strongly year-over-year, which meant there was increased choice for home buyers and little movement in the average selling price compared to last year.
Greater Toronto Area (GTA) REALTORS® reported 7,114 sales through the Toronto Regional Real Estate Board (TRREB) MLS® System in April 2024 – down by five per cent compared to April 2023. New listings were up by 47.2 per cent over the same period. On a seasonally adjusted monthly basis, sales edged lower while new listings were up compared to March. Listings were up markedly in April in comparison to last year and last month. Many homeowners are anticipating an increase in demand for ownership housing as we move through the spring.
While sales are expected to pick up, many would-be home buyers are likely waiting for the Bank of Canada to actually begin cutting its policy rate before purchasing a home,” said TRREB President Jennifer Pearce.