Why First-Time Buyers Are Entering the Market: A Look at 2024’s Buying Surge
In 2024, first-time buyers are entering Toronto’s real estate market in greater numbers, encouraged by recent interest rate cuts, stabilizing home prices, and increased inventory.
The Bank of Canada’s Rate Cuts: A Game-Changer for Toronto’s Housing Market?
The Bank of Canada’s recent interest rate cuts are reshaping Toronto’s housing market, providing relief for buyers and fueling a surge in activity.
Rental Demand and Population Growth: How They’re Impacting Toronto Real Estate
Toronto’s real estate market is being reshaped by surging rental demand and significant population growth, two factors driving both housing prices and market activity in 2024.
Toronto’s Average Home Price Climbs to $1.1M: Insights Into the Market Shift
In November 2024, Toronto’s average home price rose to $1.1 million, reflecting a 4.2% month-over-month increase and a 5.6% rise compared to November 2023.
Affordability and Choice: Why Semi-Detached Homes Are Gaining Popularity in 2024
Toronto’s real estate market in 2024 is seeing semi-detached homes rise in popularity, particularly among young families and first-time buyers.
New Listings Rise by 6.6% in GTA: How It’s Shaping Buyer and Seller Strategies
Toronto’s real estate market witnessed a 6.6% increase in new listings in November 2024, signaling a shift in market dynamics that is creating new opportunities and challenges for buyers and sellers alike.
Bank of Canada Delivers Jumbo Interest Rate Cut Amid Economic Uncertainty
The Bank of Canada has delivered a jumbo interest rate cut, slashing its policy rate by 50 basis points to 3¼%.
Condo Prices Stabilize: Why Buyers Are Rushing to Toronto’s Condo Market
As Toronto’s real estate market stabilizes, condo apartments are quickly regaining their appeal among buyers.
Detached Homes Outpace Market Trends: Toronto’s Real Estate Winners in 2024
In 2024, detached homes have emerged as a standout segment in Toronto’s real estate market. Despite economic uncertainty in recent years, demand for detached homes has remained resilient, driven by buyers prioritizing space, privacy, and long-term investment potential.
Toronto Home Sales Skyrocket by 40%: What’s Driving the Recovery in November 2024?
Toronto’s housing market is showing signs of a robust recovery, with home sales rising by an impressive 40% year-over-year in November 2024.
Will Condo Apartments Lead the Real Estate Recovery? Why Experts Are Betting on It
In 2024, Toronto’s real estate market is gradually rebounding, with condo apartments emerging as a key focus for recovery.
How Employment Growth in Toronto is Driving Housing Demand in 2024
Toronto’s employment market has seen strong growth in 2024, boosting demand for housing across the city and surrounding areas.
TRREB’s October Insights: What’s Fueling GTA’s 4.3% Rise in New Listings?
In October 2024, the Toronto Regional Real Estate Board (TRREB) reported a 4.3% increase in new listings across the Greater Toronto Area (GTA) compared to last year.
Why Semi-Detached Homes are Outperforming Other Types in the GTA
Semi-detached homes in the Greater Toronto Area (GTA) are experiencing a notable surge in demand in 2024, outperforming other property types as buyers are drawn to their balance of affordability, space, and location.