Toronto Real Estate Market Report: May 2024 (April Statistics)

Toronto Real Estate Market Report: May 2024 (April Statistics)

Hello Friends,

  1. It's unusual for inventory to be building up into the spring market.
  2. Overall active inventory is up 75% year over year with 416 condos leading the pack.
  3. Single-family housing starts are pointing to another housing shortage.
  4. There are more condo investors exiting the Toronto condo market.
  5. BMO Economics says we're hitting the top in rent growth.
  6. Variable rates may be higher than fixed rates for longer.


Download Toronto Real Estate Market Report: May 2024 (April Statistics)


P.S. As a Toronto REALTOR?? with EXP Realty, I will help you price your home in a down or up market without the list and pray model, avoid unnecessary renovations, and save money on staging.



REALTOR? with EXP Realty, Brokerage

Certified Executor Advisor with www.cicea.ca

Lifestyle?55+ Master REALTOR? with www.Lifestyle55plusnetwork.com


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