David Stoddard
David Stoddard
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DECEMBER 2024 Toronto Real Estate Market Report
The Toronto Real Estate Board has released the DECEMBER GTA market stats.
GTA home sales in December were down slightly from December 2023. New listings were up over the same period, continuing the trend of a well-supplied market.
Annual 2024 home sales, the 2nd lowest total since 2001 were up slightly from 2023.
The average selling price for 2024 was down by less than 1% compared to last year.
Market conditions varied by market segment in 2024. Sales of single-family homes increased whereas condo apartment sales were down. Many would-be first-time buyers remained on the
sidelines, anticipating more interest rate cuts this year.
All indicators are pointing to a very busy Spring market in 2025.
To read the full report for DECEMBER please visit my website blog:
www.cityoftorontorealestate.ca/post/1329985/trebb-releases-december-stats
So, what's next? Let's meet for a BUYER consultation. Please do not wait for prices to increase to start the home buying process. Now is a perfect time to start the process. The link to register is in the blog post.
Have a great day!
Переглядів: 13

Відео

The Federal Government's Home Buyers' Plan (HBP)
Переглядів 11День тому
If you are planning on moving into your first house or condo sometime in 2025 now is the perfect time to do some serious planning on how to best gather the money you’ll need for your down payment. The HBP is a federal government program initiated in 1992. The program has helped millions of Canadians to purchase homes and it allows you to use your RRSP money as part of your down payment funds. T...
2025 Canadian Housing Market Outlook
Переглядів 1314 днів тому
First, Happy New Year! The very best to you and your loved ones in 2025. My new blog post is up on my website. It’s been a rough few years for Canadians looking to break into home ownership as unaffordability issues persist across the country. Canadians are looking ahead to 2025 with a positive outlook on the housing market, prompted by a series of interest rate cuts in the latter part of 2024 ...
NOVEMBER 2024 Toronto Real Estate Market Report
Переглядів 25Місяць тому
The Toronto Real Estate Board has released the NOVEMBER GTA market stats. Greater Toronto Area (GTA) home sales increased strongly year-over-year in November 2024 while the average selling price was up 2.6%. More and more buyers are seeing their affordability improve as as borrowing costs improve. The stage is set for a market recovery in 2025 as home prices remain well off their historic peak ...
OCTOBER 2024 Toronto Real Estate Market Report
Переглядів 42 місяці тому
The Toronto Real Estate Board has released the OCTOBER GTA market stats. Greater Toronto Area (GTA) home sales increased strongly year-over-year in October 2024 while the average selling price was up slightly. There is still a lot of choice for home buyers. This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continue...
SEPTEMBER 2024 Toronto Real Estate Market Report
Переглядів 92 місяці тому
The Toronto Real Estate Board has released the SEPTEMBER GTA market stats. The Bank of Canada announced a 50-basis-point rate cut on October 23. The bank rate now sits at 3.75%. The 50-basis-point rate cut was the largest since the covid 19 pandemic. Greater Toronto Area (GTA) home sales increased year-over-year in September as Buyers are starting to take advantage of more affordable market con...
7 Proven Staging Steps to Attract Buyers and Boost Offers
Переглядів 43 місяці тому
Selling your home quickly and for top dollar takes far more than just listing it for sale. To draw in potential buyers and to secure top offers, your home needs to stand out online. That’s where preparation and presentation come in. I’ve seen over and over again the incredible impact that professional staging has on a buyers’ first impression of a house or a condo. In my blog post, I discuss th...
AUGUST 2024 Toronto Real Estate Market Report
Переглядів 64 місяці тому
The Toronto Real Estate Board has released the AUGUST GTA market stats. The Bank of Canada’s rate cut announced on September 4 will lead to a further improvement in affordability, especially for those using variable rate mortgages. Today’s elevated listing inventory will ultimately recede as demand picks up in 2025 as rates decline further. Today, there is ample choice in the market which is he...
7 Mistakes To Avoid When Hiring a Contractor
Переглядів 44 місяці тому
Sadly, we’ve all heard horror stories about crooked contractors who leave a client’s home in shambles or run away with their money. Fortunately, there are steps you can take to minimize these risks and maximize the success of your project. In my newest blog post, I discuss the 7 mistakes to avoid when hiring a contractor. Here are a just few: *Skipping the research phase, *Choosing based on pri...
Top 4 Factors to Consider When Choosing Your Mortgage
Переглядів 85 місяців тому
As we are finally beginning to see a reduction in the bank rate, more and more of my clients are calling me to discuss their affordability options and prepping for their mortgage application. In my new blog post, I share the top 4 factors to consider with your mortgage application. The 4 factors are: *Your Credit Score *Your Income & Expenses *Your Down Payment and *Your Lifestyle & Risk Tolera...
JULY 2024 Toronto Real Estate Market Report
Переглядів 95 місяців тому
The Toronto Real Estate Board has released the JULY GTA market stats. While sales were up from last year, buyers continued to benefit from more choice in the GTA marketplace, with annual growth in new listings outstripping that of sales. The better-supplied market meant that buyers also benefitted from a slight relief in selling prices on average. As more buyers take advantage of more affordabl...
Boost Your Home's Value
Переглядів 75 місяців тому
My clients are consistently asking me what home improvements will increase their home's value. In my new blog post I am going to share some weekend projects that could impact the value of your home. Here are a few of my favourites: *Give Your Kitchen Cabinets a Makeover *Add Some Cool Curb Appeal To Your Landscaping And.. *Replace Or Refinish Your Wood Floors For the full report, visit: www.cit...
JUNE 2024 Toronto Real Estate Market Report
Переглядів 176 місяців тому
The Toronto Real Estate Board has released the JUNE GTA market stats. The Bank of Canada’s rate cut last month provided some initial relief for homeowners and home buyers. However, the June sales result suggests that most home buyers will require multiple rate cuts before they move off of the sidelines. June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month...
❤️HAPPY CLIENTS! SOLD IN 5 DAYS!❤️
Переглядів 56 місяців тому
How Did We Do It? 🏆Professional Online and Print Marketing 🏆Custom Website (Link in Bio) 🏆Targeted/Paid Instagram and Facebook Marketing Exposure 🏆LinkedIn Marketing Exposure 🏆UA-cam Marketing Exposure 🏆RE/MAX Worldwide Exposure 🔥Updated LED Lighting 🔥New Stair Runners 🔥Professional Painting Including Kitchen Cabinetry 🔥Professional Staging ​ Are you thinking about Buying, Selling or Investing?...
Welcome to 40 Carnation Ave, Suite 122 Toronto Canada
Переглядів 147 місяців тому
JUST LISTED! MLS: W8461586 Sun Drenched Roof-Top Terrace? Yes Please! Two Walk-Out Balconies? Yup! Smothered In Sunlight With Over 1200sf Of Wide-Open Stylish And Convenient Living On Three Levels. A Terrific Entertainment Friendly Living Room/Dining Room Space. Floor-to-Ceiling Windows. A Chefs Kitchen With Terrific Storage And Counter Space. Did I Mention The Gas Stove? A Kitchen Pantry And A...
May 2024 Toronto Real Estate Market Report
Переглядів 197 місяців тому
May 2024 Toronto Real Estate Market Report
Jerome Trail - Update On Mortgage Rates
Переглядів 87 місяців тому
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Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know
Переглядів 97 місяців тому
Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know
APRIL Toronto Real Estate Market Report
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MARCH Toronto Real Estate Market Report
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Strategies To Save On Home Insurance Premiums
Переглядів 129 місяців тому
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Jerome Trail.... Mortgage Rates May Drop Sooner Than Expected
Переглядів 4610 місяців тому
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Jerome Trail... Update On Mortgage Rates
Переглядів 2010 місяців тому
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2024 Real Estate Market Outlook
Переглядів 1911 місяців тому
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Переглядів 1111 місяців тому
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