As always, our market snapshot requires context. Positive to see an uptick in year over year sold prices of DETACHED, freehold housing prices- does this indicate that the market has adjusted to the new interest rate reality? Maybe!
The large volume of condo inventory in the City put downwards pressure on year over year prices in Condominium space.
The BOC announcement on December 6th held the overnight interest rate stable.
There may be some more bumps along the way, but we are here to navigate these turns with you.
As always, we’ve got you covered with a Sold Report that is a detailed & accurate picture of the real estate market in your NEIGHBOURHOOD
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