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Dec 23, 2020 · Although the market briefly hit pause in spring due to uncertainty and widespread stay-home orders, 2020 was a record-breaking year in residential real estate. Triple demand drivers of low mortgage rates, waves of first-time buyers and changing consumer preferences and remote work options coupled with supply shortages and shifting rent patterns ...
Apr 2, 2024 · New for-sale housing inventory improved during the summer of 2020 but failed to keep up with sales growth. In 2020, there were fewer houses for sale (Zillow’s research data site) than in 2019, which created a home buying market with hyper-competitive conditions.
The Greater Toronto Area’s benchmark home price for September 2024 was $1,068,700, down 4.6% year-over-year. The average home sold price in the GTA decreased 1.1% year-over-year to $1,107,291 for September 2024. Detached home average price decreased by 1.2 % year-over-year to $ 1.42M.
Kentucky’s total residential real estate volume still with one month to go in 2020 has exceeded an all-time high at $11.5 billion. The previous high was in 2019 at $9.8 billion.
Nov 5, 2018 · Greater Toronto Area REALTORS® reported 7,492 sales through TREB’s MLS® System in October 2018 – a six per cent increase compared to October 2017. On a preliminary seasonally adjusted basis, sales were down by one per cent compared to September 2018.
1. That Was a Bubble. 2017 saw the first decline in Toronto home prices since the 2008 slowdown driven by the U.S. subprime mortgage crisis — and the first Toronto real estate bubble since 1989. What Drove Prices Up? Is the GTA not building enough homes? Do too many people live here?
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Oct 10, 2024 · The Kentucky housing market forecast for 2025 reveals a significant imbalance between housing demand and supply, presenting an urgent situation for homebuyers and renters alike. As of 2024, Kentucky faces a housing gap of 206,207 units, which is expected to grow to 287,120 units by 2029.