The January 2025 Market Numbers are IN and trending UP
Don't let your snow shovel fool you, Spring is springing (in real estate anyways!)
For what is generally a cold and slow time for sales while many consumers are hibernating and recovering from the holidays, these numbers tell a different story:
-A staggering 40%+ increase in new properties for sale in the majority of market areas
-Steadily rising prices in most freehold homes
-Lots of opportunity in the Condo market while inventory continues to climb
With 6 consecutive interest rate cuts (as of January 29) breathing new life into consumer confidence and buying power, we're seeing a surge in new listings suggesting more sellers are testing the waters. The stage is set for a dynamic February market, and we're here for it (and you).
If you're contemplating your next move whether selling or buying across the GTA, let's connect you with valuable market insight to position you for success!
