Wednesday Dec 04, 2024
Over $6 Billion in Real Estate Sales in November! And YES, your home value has changed...
This is the big moment of 2024. The final report of this year. This is when I create my Top 10 Countdown Podcast Report as we review the biggest sold stories of the year. Stay tuned for those. And after that, stay tuned for the Year In Review Podcast in early January 2025.
The data from TRREB presents a November 2024 Greater Toronto Area (GTA) real estate market report.
Key figures include almost $6.5B in total sales, a 40.1% year-over-year sales increase, a 6.6% rise in new listings, and a 2.6% average price increase to $1,106,050. The report analyses sales and average prices across different housing types, noting stronger performance in the detached market compared to condominiums.
Commentary from TRREB officials highlights more affordable market conditions due to lower borrowing costs and predicts a market recovery in 2025. Finally, the report also includes broader economic indicators such as inflation and interest rates.
To get YOUR customized report, visit www.RealEstateWealthReport.com and sign up today. The numbers may surprise you...
NOTE: This podcast is AI powered
PS Halton Region and Mississauga are very HOT right now. More listings needed!!
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