UNDERSTOOD

January 2024

A close look at Real Estate Trends in the Greater toronto area

“We had a positive start to 2024. The Bank of Canada expects the rate of inflation to recede as we move through the year. This would support lower interest rates which would bolster home buyers' confidence to move back into the market. First-time buyers currently facing high average rents would benefit from lower mortgage rates, making the move to homeownership more affordable,” said TRREB President Jennifer Pearce

Oakville MARKET INSIGHTS

January 2024

Burlington MARKET INSIGHTS

January 2024

HAMILTON MARKET INSIGHTS

January 2024

Mississauga MARKET INSIGHTS

January 2024

TORONTO MARKET INSIGHTS

January 2024