Is the GTA Market Finally Shifting in Favor of Buyers?

Curious about how the Greater Toronto Area real estate market fared in September 2024? Our latest video breaks down the key trends and shifts in the GTA housing market this past month. Whether you’re a homeowner, potential buyer, or investor, understanding the Greater Toronto Area real estate trends is crucial for making informed decisions. Discover what’s been happening with home prices, inventory, and buyer demand across Toronto and its surrounding areas. Don’t miss this Greater Toronto Area real estate market update—stay ahead of the curve and gain insights into where the GTA market might be heading next. Watch now for all the details!

***250+ BLOG POST HERE***

#GTArealestate #TORONTOrealestate

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CHAPTERS:
00:00 GTA Real Estate Update
00:18 GTA Year-Over-Year Stats
02:25 Sales-To-New Listings Ratio
03:40 Top-Selling Home
05:01 Detached Homes
05:31 Semi-Detached Homes
05:56 Townhomes
06:22 Condos
06:51 Thinking of Moving?

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
Are you thinking of moving to or from the Greater Toronto Area?
- OR -
Do you have questions about real estate?
We Can Help!
📱 Call or Text ► 437-388-FRED (3733)
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🛠 🛠 🛠 — HELPFUL TOOLS — 🛠 🛠 🛠
✅ SECRETS TO BOOSTING YOUR HOME'S VALUE BY 5% OR MORE →
✅ FREE RELOCATION GUIDE TO HUMBER BAY SHORES →
✅ SEARCH FOR HOMES IN TORONTO →

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Fred Renna, MBA
Broker - MCNE® | SRES® | SRS | CBW
Forest Hill Real Estate Inc. YORKVILLE

Fred Renna and his team of professionals are quickly becoming a dominant force in Toronto real estate. Buyers & sellers alike are choosing Fred due to his high professional standards and outstanding results.
As an educated and experienced professional, Fred’s devotion to the real estate industry & his clients stems from his sincere belief that “Our word is our promise!”. It’s no wonder more & more people are choosing Fred as their trusting guide through the real estate process.
REAL ESTATE +

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Disclaimer:
The opinions expressed herein are solely those of Fred Renna, not those of Forest Hill Real Estate Inc. or the Toronto Regional Real Estate Board (TRREB). They should not be misconstrued as advice or the basis of an agency relationship. Please consult your professional advisor before deciding on the matters discussed in these videos. This video communication is not intended to solicit or induce breach with those under an existing contract and/or agency agreement with another brokerage. This is not financial advice.

[abu]

i doubt it will be buyers market very soon, or at all, for GTA. A friend of mine is looking for just one room to rent and he found one in a townhouse in Toronto. Turns out the townhouse has 5 bed rooms and its owner is renting out on a per bed room basis. There are 5 bed rooms and 4 are already rented out. She is charging 1300/mo per room. so her townhouse will generate 6500/mo. A quick financial calc shows even a 1, 000, 000 loan at 5% for 25 years requires a mortgage payment of 5, 800/mo! Explains why sellers arent budging on their prices. They are generating income anyway so they are not in any rush to sell. they can wait years and years given the current healthy supply of tenants.

[notmyhandle]

like if you came here to find out about the Grand Theft Auto Market