GTA Real Estate Market Watch - October 2019

By: Jay Rana

GTA Real Estate Market Watch - October 2019


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GTA Real Estate Market Watch - October 2019.
Published November 5th, 2019


Here's what happened in the GTA Real Estate Market last month October 2019
Price comparison to October 2018 (last year)

Without a shadow of a doubt – Condos ruled this October with a nearly 10% appreciation, followed by Semi-Detached with 4.1% increase. Detached and Townhomes pulled back in their percentage appreciation, however still were up, year-over-year by 3% on average in the GTA.
I had predicted that there would be steady growth in the October market while that remained true year-over-year, month-over-month semi’s & towns continued to grow steadily however detached & towns remained relatively the same.

In comparison to September 2019, the average price resulted as such:

As we are now in November, we’re swinging into the annual BUYER’S MARKET for the winter months.  If you were waiting to jump into the market to get a deal for personal use or investment resale – get your financing in order ASAP to jump on great deals!  Beat out the high Spring Market prices NOW!

Please note that these are overall GTA stats & trends, which do apply to the regions of York, Durham, Peel & Toronto - however, if you'd like specific information regarding a particular region or city, please let me know and I can provide more precise statistics and information.
November's Market Watch to be released in early December - catch you then!

Sellers: Your Home Sold GUARANTEED, Or I’ll Buy It!*
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Jay Rana
Sales Representative, CENTURY 21 Titans Realty Inc. Brokerage
Real Estate Negotiation Expert, Real Estate Business Institute | | 647-930-1394 (direct) | 416-820-4504 (secondary)
 *conditions apply, please ask for details

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