GTA Real Estate SLOWDOWN! இன்று ஒரு வீடு வாங்கி நாளை அதை விற்க முடியுமா? Real Estate 🇨🇦

In April 2025, the Greater Toronto Area's real estate market experienced notable shifts:

Home Sales: Decreased by 23.3% year-over-year, totaling 5,601 units.

Average Selling Price: Dropped by 4.1% to $1,107,463.

New Listings: Increased by 8.1% year-over-year, reaching 18,836.

Active Listings: Surged by 54% to 27,386, the highest in nearly 29 years.

Sales-to-New-Listings Ratio (SNLR): At 30%, indicating a buyer's market.

Economic factors also played a role:

Unemployment Rate: Rose to 6.9% as the economy added 7,400 jobs.

These trends suggest increased opportunities for buyers, with more inventory and softer prices. However, economic uncertainties, including trade tensions and employment rates, may influence market dynamics.

📌 Key Takeaways:

Buyers have more choices and negotiating power.

Sellers may need to price competitively.

Economic indicators should be monitored for future market impacts.

Stay informed to make the best real estate decisions in this evolving market.

Contact: Dinesh Ratnasingam - Honest Realtors Team

Cell: 416.830.3033 or Office: 416.844.2220 Ext 2

Email: info@honestrealtors.ca

#tamilrealtor #canadiantamil #tamil #tamilvlogger #tamilshorts

#tamilrealtor #canadiantamil #tamil #tamilvlogger #tamilshorts

இப்போது ஒரு வீடு வாங்குவதற்கான சரியான நேரமா? நாம் உண்மையில் இன்று ஒரு வீடு வாங்கி, நாளை அதை விற்றுவிட முடியுமா? இதில் என்னென்ன வாய்ப்புகள் மற்றும் அபாயங்கள் இருக்கின்றன?