Market Snapshots April 2024

April 2024 Markets Stats Analysis

April Market Stats are IN!!
The Toronto real estate market is buzzing with excitement this spring! In April 2024, we saw a whopping 71% increase in the number of condos listed for sale and a remarkable 51% increase in freehold homes for sale across the city compared to last year. This surge in inventory is fantastic news for first-time buyers who have been eagerly waiting to enter the market.

Even more exciting is the fact that despite this surge in supply, prices have only increased by single digits at the moment. This means there’s a golden opportunity for buyers to capitalize on the current inventory and prices before a potential interest rate decrease draws even more buyers into the market.

If you’re thinking about making a move in the Toronto real estate market, now is the time to act!

Let’s connect and set the stage for your next big move together. With the market in your favor, there’s no better time to find your dream home or make a strategic investment.
Let’s seize this opportunity and make your real estate goals a reality!