Real Estate – November 2023

From the Mak Family…

From our family to yours, we wish you a very, Merry Christmas and an amazing New Year! 🙂

The year is almost over…

In November 2023, the average home sold for $1,082,179 This is down -3.9% from last month and up +0.3% from last year.

2023 is shaping up to be one of the slowest years on record in recent memory.

My Thoughts
The interest rate has held at 5.0% since July and many are predicting interest rate cuts in 2024.

I expect that the next announcement on January 24, 2024 will set the tone for a much busier Spring Real Estate Market.

 Want to talk about your options?
Call me at (416) 276-4895.

Are you looking for the hardest
working agent in the GTA?

Real Estate Broker
EXP Realty, Brokerage
(416) 276-4895

Compare listings