RealtorMano

🎄 Happy Holidays from RealtorManoshan! 🎄

Wishing you and your loved ones a season filled with warmth, joy, and the perfect place to call home. Whether you're celebrating in your dream house or looking to start a new chapter in 2025, we’re here to help make your real estate dreams come true!

✨ Let’s find the home where your memories will grow. ✨

🏡 Cheers to a magical holiday season and a prosperous New Year! 🎉

416.831.9746 | realtormanoshan.com

📊 November 2024 Real Estate Market Update 🏡

The latest Market Watch Report reveals some exciting trends in the GTA real estate market:

✅Home Sales: Up by 40.1% year-over-year, thanks to lower borrowing costs and improved affordability.
✅New Listings: Increased by 6.6%, tightening market conditions.
✅Average Prices: Up by 2.6% to $1,106,050.
✅Detached Homes: Significant price growth.
✅Condos: Prices remained lower.

🔴Regional Average Prices:

Toronto: $1,080,167
Oshawa: $765,674
Stouffville: $1,274,868
Newmarket: $1,059,916
Pickering: $965,665
Whitby: $972,558
Richmond Hill: $1,490,313
Brampton: $1,016,260
Ajax: $960,700
Markham: $1,281,912
Vaughan: $1,234,141
Mississauga: $994,634

🔴City of Toronto:

Average price: $1,080,167
Sales: 2,236
Days on market: 48
Detached: $1,695,939 (4.66% increase)
Semi-detached: $1,248,930 (5.06% increase)
Townhouses: $773,160 (9.37% increase)
Condos: $713,364 (1.11% increase)

🔴Market Outlook:

TRREB predicts a market recovery in 2025.
Further drops in borrowing costs expected.
Rental demand to grow.
LTB reforms crucial for easing housing access.

TRREB predicts a market recovery in 2025 with further drops in borrowing costs. Rental demand is expected to grow, with LTB reforms crucial for easing housing access.

Stay tuned for more updates! 🏠📈