The Goldmark Group

🚨 Important Update! 🚨 The next announcement for the overnight rate target is January 29, 2025. On that date, the Bank will also release its comprehensive economic outlook and inflation forecast, highlighting potential risks to the projections. Stay informed! 📈💼 🌐 www.TheGoldmarkGroup.com #Economy #Inflation #BankUpdate #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

📉 Bank of Canada Update: Policy Rate Cut 📉 ✅ Today, the Bank of Canada announced a 50-basis-point reduction in its target overnight rate, bringing it down to 3.25%. This follows slower-than-expected economic growth and aims to support households as lower interest rates begin to positively impact consumer spending. 🚀💡 ✅ With inflation around 2%, the Bank remains committed to maintaining price stability while evaluating future adjustments on a case-by-case basis. 💼💰 Stay informed as we navigate these economic changes together! 🌐 www.TheGoldmarkGroup.com #BankofCanada #InterestRates #EconomicUpdate #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

🌟 In November 2024, home sales surged by an impressive 40.1% compared to last year, thanks to more affordable borrowing costs! 📈 While new listings increased by 6.6%, the market tightened, leading to overall price growth. With many buyers waiting for the right moment, it seems we are on the brink of a market recovery as we head into 2025. The average selling price rose to $1,106,050, reflecting strong demand, especially for detached homes in the City of Toronto. However, condominium prices are still lower, offering buyers plenty of options and negotiation power. 🏙️✨ As more renters transition to homeownership, the rental market will also remain dynamic. Let’s hope necessary reforms improve conditions for all! 🌐 www.TheGoldmarkGroup.com #GTARealEstate #HousingMarket #HomeSales #TorontoRealEstate #MarketRecovery #RealEstateTrends #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

🏘️ The rental market is set to remain well-supplied as more renters transition to homeownership. However, with population growth remaining high, we can expect an uptick in rental demand. To strengthen the market for both tenants and landlords, it's crucial to reduce the backlog of cases at the Landlord and Tenant Board (LTB). Let’s work towards reforming the LTB to make it faster and fairer—this will help more individuals and families secure affordable homes! 💪✨ 🌐 www.TheGoldmarkGroup.com #Housing #RentalMarket #AffordableHomes #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

🏡 Market Update: Conditions for single-family homes are tightening, with detached homes seeing price growth that outpaces inflation. However, the condominium market still presents buyers with lower average prices and plenty of choices, giving them strong negotiating power. As borrowing costs are projected to decrease in the coming months, we may see more renters leaping into homeownership. Exciting times ahead! ✅ 🌐 www.TheGoldmarkGroup.com #RealEstate #MarketTrends #HomeOwnership #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

🏡 2025 Real Estate Projections for Ontario! 📈 Despite the current challenges in Canada’s housing market, optimism is rising for 2025! Here’s what to expect: 🔹 Simcoe County is projected to see a staggering 25% increase in transactions and a 10% rise in average home prices, reaching $884,675. 🔹 Toronto is anticipated to experience a 12.5% growth in home sales, with prices rising slightly by 0.1% to an average of $1,115,381. 🔹 Durham Region is expected to see a 15% increase in sales, with average prices reaching $969,697 (up 5%). 🔹 In Kingston and London, both regions are likely to see 10% increases in sales and a 5% rise in prices, averaging $671,421 and $671,167, respectively. 🔹 Meanwhile, Kitchener-Waterloo, Mississauga, and Brampton are projected to experience a 6% increase in prices. 🔹 Sudbury is expected to see a 5% rise in prices, despite lower buyer interest. It looks like some areas are gearing up for a busy year ahead! What do you think about these projections? 🤔 🌐 www.TheGoldmarkGroup.com #RealEstate #OntarioHousingMarket #HomeBuying #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

🌼🏠 Prepare for a potential surge in the Canadian real estate market this spring! 🌟 After a few years of unusual trends, we’re looking at a lively season in 2025, especially from March to June. With stabilizing interest rates and pent-up demand, many sidelined buyers are gearing up to move. 📈 While May 2024 saw the lowest home sales since 2021, there’s a silver lining—new listings were at their highest in years, offering more choices for buyers and easing competition. As spring approaches, expect increased competition in the market. This could be the perfect time to find your dream home! 🏡✨ Stay tuned for more updates! 🌐 www.TheGoldmarkGroup.com #RealEstate #Spring2025 #HomeBuyer #CanadaHousingMarket #RealEstateTrends #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

📊 Increased Listings Alert! 📊 We welcomed 1,144 new listings in October, up 0.3% from last year! With total active listings reaching 1,711 – a whopping 21% increase – homebuyers have plenty of options. Are you thinking about making a move? Let’s chat! ✉️☎️✅ 🌐 www.TheGoldmarkGroup.com #NewListings #HomeBuying #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

💰 Average Sale Price Insights: The average residential property price in Waterloo Region for October is $779,008, a slight increase of 1.4% from last year. Are you curious about specific property trends? Detached homes averaged $885,587, while townhouses came in at $643,382. Let's dive deeper into what these numbers mean for buyers and sellers! 💡 Schedule your FREE consultation today! ✅ 🌐 www.TheGoldmarkGroup.com #HomePrices #WaterlooRealEstate #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate

🏡 Waterloo Region Real Estate Update! 🏡 In October, we saw 604 homes sold, a 7.1% increase from last year! While there's a dip of 14.2% compared to the last decade’s average, it’s exciting to see the market gaining momentum again. 📈 Let's keep the positive trend going! ✅ 🌐 www.TheGoldmarkGroup.com #WaterlooRegion #RealEstate #TheGoldmarkGroup #eXpRealty #WaterlooRegionRealEstate #GTARealEstate #MississaugaRealEstate #HomeSales #PropertyMarket #HousingMarket #RealEstateInvesting #DreamHome #HouseHunting #InvestmentOpportunity #RealEstate