Jason Walker Real Estate in Toronto

Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period. While the region’s housing market remained well-supplied in August, average home prices only edged slightly lower compared to August 2023.  “The Bank of Canada’s rate cut announced on September 4 will lead to a further improvement in affordability, especially for those using variable rate mortgages. First-time buyers are especially sensitive to changes in borrowing costs. As mortgage rates continue to trend lower this year and next, we should experience an uptick in first-time buying activity, including in the condo market,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.  GTA REALTORS® reported 4,975 home sales through TRREB’s MLS® System in August 2024 – down by 5.3 per cent compared to 5,251 sales reported in August 2023. New listings entered into the MLS® System amounted to 12,547 – up by 1.5 per cent year-over-year

 

 

***An Exceptional Opportunity in Prime Oak Ridges*** Meticulously maintained home where pride of ownership abounds. 100's of thousands of dollars invested in upgrades including stunning designer kitchen complete with high end finishes, custom baths, hardwood flooring throughout. This backyard oasis comes complete with an inground heated pool and waterfall feature, relaxing hot tub and lush landscaping offering beauty & privacy. Low maintenance interlock patio and fully fenced yard.