TRREB Market update for the GTA December 2022

There were 3117 Homes sales reported througn the Toronto Regional Real Estate Board (TRREB) MLS System for December 2022, Down 48.2% compared to December 2021.

New Listings were also down on Year-Over-Year Basis by 21.3% from 5177  to 4074. Year-Over-Year, the average price has dipped by 9.2% to $1,051,216.

The Market has slowed due to the rise of interest rates and the economy slowdow. In light of this, there are still tons of great oppertunities within the market.

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If you’re looking to sell your home, it’s crucial to get the price right. This can be a tricky task, but fortunately, you don’t have to do it alone. By seeking out expert advice from a seasoned real estate agent like Tony Sousa from the Team, you can get the guidance you need to determine the perfect price for your property. With Tony’s extensive experience in the industry, he knows exactly what factors to consider when pricing a home, and he’ll work closely with you to ensure that you get the best possible outcome. So why leave your home’s value up to chance? Contact Tony today to get started on the path to a successful home sale.

Tony Sousa

Guaranteed! Your Home SOLD or I’ll Buy It

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