📊 The Big Picture November continued the cooling trend we have seen this quarter. The data confirms a clear shift towards a buyer's market, with prices adjusting downward and sales volume slowing significantly compared to last year. Average Sold Price: $1,039,458 (Down 6.4% vs. Nov 2024) Total Sales: 5,010 (Down 15.8% vs. Nov 2024) New Listings: 11,134 (Down 4.0% vs. Nov 2024) Days on...
market report
October delivered a strong performance with a double-digit jump in sales, signaling that the market is tightening as buyers rush to secure homes before winter. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,080,723 (Year-Over-Year: Down 4.8%) Total Sales: 6,439 (Year-Over-Year: Up 13.9%) New Listings: 13,858 (Year-Over-Year: Down 3.4%) Days on Market (LRL): 34 Days (Compared...
August continued the positive momentum we started to see in July. We are seeing a "tightening" trend: home sales increased compared to last year, while the number of new homes coming to market actually dropped significantly. 📊 The Big Picture: GTA Market Stats Average Sold Price: $1,034,710 (Year-Over-Year: Down 4.4%) Total Sales: 5,096 (Year-Over-Year: Up 2.4%) New Listings: 11,262...