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Muhammad Ashraf Chaudhary
Broker

Muhammad Ashraf Chaudhary

Broker M.Sc ,PMP®, ABR
Broker
Mobile:
Office:
License:
4796457
CENTURY 21 President Realty Inc. Brokerage

Market Watch

GTA REALTORS® Release January 2024 Stats

Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter market conditions when compared to the same period a year earlier, potentially points toward renewed price growth as we move into the spring market.

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