Overview: a look back at 2024 and predictions for the 2025 GTA housing market, including home sales, prices, inventory, interest rates, insured mortgage caps and more. Interest rates dictated whether buyers would return, sellers would list, how much inventory was available, and whether prices would go up or down. When…
Tag: November 2024 Rate Cut
GTA Home Sales, Prices Jump In November 2024 After Rate Cut
Overview: a look at the November 2024 GTA housing market data, including sales, prices and inventory, the impact of the central bank’s most recent rate cut, and advice for home buyers and sellers. Five rate cuts—including two jumbo-sized ones—tend to have that effect. Sales and prices are up, more sellers…