Properties FOR SALE in Etobicoke, Mississauga & GTA
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Welcome
You could say I'm a multi-faceted individual with a passion for both the serene and exciting aspects of life. When I'm not helping clients navigate the real estate market as a full-time residential realtor, I'm immersed in my personal pursuits. I find tranquility in tending to my garden, strolling along the shores of Lake Simcoe, and basking in the warmth of wood-burning fires. Golf and the occasional game of slots add some zest to my days, but perhaps the most cherished moments are those spent with my precious grandchildren. As a realtor, I draw upon my experiences to help others make life-altering decisions tailored to their unique stages of life.
I’m committed to providing my clients with professional services based on my experience, knowledge and skills.
If you’re buying click here to discover how to find your next dream home and get it, without overpaying.
If you’re selling click here to learn more about the process and how to ensure your property sells quickly and for the highest price possible.
I’m looking forward to learning more about your needs and goals.
Real Estate Market Stats - October 2024
Fall has most definitely arrived but you wouldn't know it as the weather has been so good.
Greater Toronto Area home sales have also been great as the market picked-up this past October with a strong year-over year increase. There were 6,658 home sales through TRREB’s System in October 2024, up by 44.4% per cent compared to 4,611 sales reported in October 2023. The pace of which homes are selling also increased with inventory levels of available homes for sale of all types dropping to 3.5 months from just over 5. This is a significant drop as the market is now trending back towards a sellers market.
Even with the pace at which homes are selling, prices remained relatively flat, up only 1.1% compared to October of last year to $1,135,215 and up slightly compared to this past September. The numbers tell us that it appears more buyers have moved off the sidelines and back into the marketplace in October. The positive affordability brought about by lower borrowing costs and relatively flat home prices, prompted an improvement in market activity.
Chief Market Analyst for the Toronto Regional Real Estate Board, Jason Mercer, reported that market conditions did tighten in October but there is still a lot of inventory, over 24,400 of available homes of all types, and therefore providing choice for home buyers. This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed, selling price growth will accelerate, most likely as we move through the spring of 2025.
The condominium market also saw a rebound in October with sales up 33% across the GTA compared to October 2023. Prices, however, still softened slightly, down 2% respectively. With the completion of a large number of new construction units over the next couple of years, prices are expected to stay relatively flat for the time being.
Please never hesitate to reach out to me with any of your real estate related questions, I am here to help. Enjoy the fall season and I look forward to connecting with you soon.
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Did you know?
Linda Turosky , SRES - Senior Real Estate Specialist
Sales Representative
Mobile: 416.695.8756
Phone: 905.568.2121
Buying or selling a home is a big decision - you need an experienced professional to guide you through the process. When you work with me, you can count on personal, attentive, patient service, excellent knowledge of the area, great negotiation skills and expert selling strategies.
