September 2024 Monthly Market Report

GTA Real Estate Market Navigates High Supply and Modest Price Shifts

Homes across the GTA continued to sell, with steady activity following three consecutive
25-basis-point interest rate cuts by the Bank of Canada-the first time this has happened since the 2009 financial crisis. While analysts anticipated a more robust second half of the year, there is still optimism for a positive shift in the market in the coming months despite September’s more moderate performance.

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