October 2024
Year over year: home sales have increased by 44.4%, average selling price has increased by 1.1% and the number of new listings has increased by 4.3%.
Even though we are in the early stages of the Bank of Canada (BOC) rate cutting cycle, more buyers have moved off the sidelines and have entered into the marketplace. Lower rates, higher inventory = a great time to buy
Information sourced from TRREB and BOC
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