January 2023 GTA Market Stats
Sunday Feb 5th, 2023
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ShareGTA Real Estate Market Update: January 2024 The volume of home sales has trended down dramatically since the Bank of Canada started raising the Overnight rate (Prime rate) in March of 2022. But things started to shift at the end of last year. RBC reported that the Toronto-area market woke up from its slumber as 2023 drew to a close. Home resales spiked 21% in December. RBC also made some rate predictions in the same report stating that by the end of this year, they anticipate the... [read more]
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