Realtor Cheema

🏡📈 March 2024 Market Update 📉🏠

🔍 Despite a lower number of home sales compared to last year due to Good Friday falling in March, the Greater Toronto Area (GTA) market is showing resilience!

📉 Sales: 6,560 sales reported, down 4.5% from March 2023.

📈 New Listings: Increased by 15% over the same period, with a 3% decrease from February.

📊 Quarterly Performance: Q1 saw a sales increase of 11.2% year-over-year, with new listings up by 18.3%.

💼 Expert Insights: TRREB President Jennifer Pearce notes a gradual market improvement, anticipating further growth with lower borrowing costs.

💰 Prices: Average selling price up by 1.3% to $1,121,615, with expectations of accelerated growth through spring and beyond.

🌟Conclusion: Despite challenges, the GTA real estate market remains dynamic, with opportunities for buyers and sellers alike!

The most affordable condos in the GTA launching tomorrow!

An ambitious pre-construction master-planned community that intends to revolutionize downtown Pickering into an interconnected, pedestrian-friendly hub. This will include 20 new mixed-used condominium developments with heights ranging from 9 to 55 storeys. This community will be in built in two phases spanning over ten years. The first phase will feature ten towers with 6000 new residential units!

✅New 5-acre downtown
✅Direct connection to GO Train
✅700,000+ sqft shopping centre
✅130,000+ sqft office building
✅20,000+ sqft state-of-the-art fitness centre
✅Walk to City Hall, Parks & Pickering Waterfront

Contact me for VIP Pricing and Details

📱647-822-6457
📧[email protected]