Nilufer Mama

Nilufer Mama

Broker

Forest Hill Signature Real Estate Inc., Brokerage*

Mobile:
416-346-0850
Office:
416-929-4343
Email Me

GTA Prices set to increase in Fall 2023 - [Video]

 

The 2023 Fall Housing Outlook predicts a softer market in the coming fall due to high rates and low inventory. The GTA is expected to see the average residential sale prices increased by 2.5%

Prices are anticipated to increase in 
- Burlington
- Oakville
- Sudbury

The inventory shortage is particularly impacting younger homebuyers. 34% of Canadians planning to buy/sell in the next 12 months will wait for interest rate developments before deciding.

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