Market Update
Thursday Nov 16th, 2023
ShareWe are experiencing a buyer-friendly market in terms of prices and the number of listings in Toronto right now, especially in the downtown Toronto condo sector. In Mississauga, there's also a choice, to say the least. We anticipate that sales may remain steady throughout the winter, with a listings-to-sales ratio ranging from 30-40%. Sellers can expect their properties to be on the market for around 30 days. If the Bank of Canada lowers interest rates in 2024, activity will likely... [read more]