The Duke Pod: Real Estate Stories
News:Business News
Canadian Real Estate Market updates in November & early 2024 predictions and insights.
Hi Everyone, In this episode we examine the trends in the Canadian real estate market from the last 3 months, examining only the Ontario and specifically GTA areas. - Inventory is up to 4 months - balanced market and potentially a buyers market. -Toronto condos and condos in the general area are already in a buyer's market for almost 6 months of inventory. - Fair market prices are down, which means prices are trending downward. - What it's like in the trenches- how it feels helping active buyers and sellers. We also examine the immigration and housing affordability trends. The x-factor for 2024 is how many people will be forced to sell when approaching mortgage renewals. To be determined if the spring market is going to help or the same slow market we are in now!
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