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Toronto Condo Market Report-March 2024
Author:
Remax-Condos-Plus
Publication date:
March 8, 2024
Article Summary:
The Toronto Condo Market Report for March 2024 indicates increased activity in the real estate market, with rising home sales and new listings. Buyer confidence is growing due to the anticipation of decreasing rates, leading to multiple offers on properties, especially in more affordable neighborhoods. Sellers are holding off on listing, expecting higher prices with lower rates. The focus is on townhomes, semi-detached, and lower-priced freehold properties. Concerns exist about future condo supply due to construction delays.
Keywords:
Toronto Condo Market, March 2024, real estate, home sales, new listings, buyer confidence, decreasing rates, multiple offers, affordable neighborhoods, townhomes, semi-detached, freehold properties, seller strategy, condo supply, construction delays.
Source Citation:
Remax-Condos-Plus
Toronto Condo Market Report-March 2024
March 8, 2024
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