Our Real Estate Update September 2024

Homes across the GTA continued to sell, with steady activity following three consecutive 25-basis-point interest rate cuts by the Bank of Canada—the first time this has happened since the 2009 financial crisis. While analysts anticipated a more robust second half of the year, there is still optimism for a positive shift in the market in the coming months despite September’s more moderate performance.

For more details on the September 2024 monthly figures and the latest Royal LePage Market Update Report, please visit this month’s edition of our Real Estate Facts & Figures.