Is This (Finally) The Bottom?
For more than two years, the GTA real estate market – from new builds to resale – has been on a downward trajectory. Has that finally changed?| Storeys
For more than two years, the GTA real estate market – from new builds to resale – has been on a downward trajectory. Has that finally changed?| Storeys
Since June, Canadians have witnessed three consecutive rate cuts, bringing the interest rate from 5% to 4.25%. And with more decreases expected for October and December, 2024 is set to be the 'year of rate cuts.'Even so, the policy interest rate remains higher than ideal, home prices also remain hig...| Storeys
In a report released Thursday, Royal LePage lays out its home price forecast for the coming year, backdropped by declining interest rates and new lending rules that make homeownership easier and more attainable for a growing number of Canadians.Their projection? Prices are on the rise, but not in th...| STOREYS
Are the recent rate cuts enough to breathe new life into the GTA market?| STOREYS
