From the Mak Family…
From our family to yours, we wish you a very, Merry Christmas and an amazing New Year! 🙂
The year is almost over…
In November 2023, the average home sold for $1,082,179 This is down -3.9% from last month and up +0.3% from last year.
2023 is shaping up to be one of the slowest years on record in recent memory.
My Thoughts
The interest rate has held at 5.0% since July and many are predicting interest rate cuts in 2024.
I expect that the next announcement on January 24, 2024 will set the tone for a much busier Spring Real Estate Market.
Want to talk about your options?
Call me at (416) 276-4895.