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How to Run a Successful Real Estate Brokerage Business? — Exclusive Workshop by Vicky Huang

Struggling with High Startup Costs and Operational Challenges? How to Make It a Profitable and Sustainable Business? How to Recruit Agents and Generate Leads? Have You Been Dreaming of Starting Your Own Real Estate Brokerage but Haven‘t Taken the Leap? Join our Exclusive Workshop, custom-tailored just for you!
Editor:unknow 2024-12-02 36

In October 2024, home sales in the Greater Toronto Area increased strongly year-over-year in October 2024.

In October 2024, home sales in the Greater Toronto Area increased strongly year-over-year in October 2024. Over the same period, new listings were up, but by a lesser annual rate. The result was tighter market conditions compared to October 2023. The average selling price was up slightly on an annual basis.
Editor:BayStreet 2024-11-06 97

Discover New Opportunities with CMHC MLI Select!

Join us for an exclusive training session designed specifically for real estate professionals! Elevate your real estate game while networking with industry experts. Leverage government-backed financing to maximize your returns and watch your investments thrive!
Editor:BayStreet 2024-10-30 109

The Gallery One-Day Sales Event

Join radmarketing and Bay Street Group for a carefully curated exhibition showcasing the GTA’s finest pre-construction condo projects and unlock unbeatable deals to secure your future home or investment!
Editor:unknow 2024-10-28 101

Bank of Canada Cuts Key Rate to 3.75% Amid Declining Inflation

On October 23, 2024, the Bank of Canada reduced its key lending rate from 4.25% to 3.75%, marking its fourth consecutive cut since June. This decision follows a decrease in Canada’s inflation rate from 2.7% in June to 1.6% in September, paving the way for further rate reductions to support economic stability.
Editor:unknow 2024-10-24 83

In September 2024, the average DOM for the condo market in the City of Toronto was 34 days

Condos stayed on the market for an average of 34 days in the Central, while in West Region and East Region, they needed 36 days and 29 days to sell.
Editor:unknow 2024-10-10 91

In the City of Toronto, detached homes were on the market for an average of 25 days in September

The East Region market was still the hottest, and houses were sold firm within 17 days. Detached homes needed an average of 24 days to sell in the Central Region and 23 days in the West Region.
Editor:unknow 2024-10-10 79

Resale Home Market in the City of Toronto (September 2024)

In September, the average selling price for detached in Toronto was $1.69 million, marking a year-on-year decrease of 2.2%, and there was also a 0.4% decrease compared to the previous month. Condo town and condo apart had average selling prices of $830k and $710k, respectively, with year-over-year declines of around 2-3%.
Editor:unknow 2024-10-06 99

In September 2024, home sales in the Greater Toronto Area increased year-over year.

Buyers were starting to take advantage of more affordable market conditions brought about by interest rate cuts and lower home prices.
Editor:unknow 2024-10-04 98

New home sales in the Greater Toronto Area hit a historic low in August 2024, down 46% compared to last year

In August, 464 units were sold, a 46% decrease compared to last year. Condo apartments accounted for 235 of these sales, down 61% from August last year and 81% below the ten-year average. There were 229 new single-family homes sold, a 14% decrease from August last year and 56% below the ten-year average.
Editor:unknow 2024-10-03 61
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