The Sector of the Toronto Condo Market Went Up 140%

Whenever you're ready, Book A Call With Me: https://calendly.com/michaelouzasrealestate/newyear ---- To view MLS listings in real time and sold prices, check out the Listed App: https://listed.inc/?presented-by=28a249ba9cd34937b9b6a8f1d3888903 ---- The Sector of the Toronto Condo Market Went Up 140% In this video, we break down the Toronto real estate market for November 2024, highlighting surprising trends, including a 140% increase in sales in one sector. We discuss the shifts in pricing, interest rates, and the significant changes coming in December, especially for first-time buyers. The condo market is showing signs of division, with a notable gap between high-end and more affordable units. Learn what to expect as we head into December and the upcoming spring market, with insights on property types like semi-detached homes, townhouses, and condos. #torontorealestate 00:00:00 Introduction 00:00:55 G.T.A. Market Stats 00:01:29 Monthly Sales Data 00:02:17 TRREB Average Price 00:03:14 December 15th Changes: Down Payment and Mortgage Rules 00:05:06 Detached Market Overview 00:05:48 Semi-Detached Market Overview 00:06:22 Townhouse Market Overview 00:07:05 Condo Market Overview 00:07:52 Month-over-Month Change in MLS Sales 00:10:12 Conclusion Follow Me On Social Media: Instagram: @michaelouzasrealestate Facebook: @michaelouzasrealestate