# @rowannewstadtrealestate on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/C12picrp7cw
- **Gondola URL:** https://gondola.cc/posts/10598587-rowannewstadtrealestate-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/8a7d75cda9.jpg
- **Posted:** 2024-01-08T21:11:44.000+00:00
- **Account Owner:** Rowan Newstadt (@rowannewstadtrealestate) — https://gondola.cc/rowannewstadtrealestate

## Caption

Wondering what the real estate market is looking like for 2024? I got you! Keep reading to learn what remaxcanada had to say in their Housing Market Outlook report for the GTA. 👇

→ The average home prices are predicted to drop by 3%, but the number of sales is expected to go up by 10.4%.

→ The top 3 neighbourhoods in the GTA are Durham due to affordability, Markham/Richmond Hill due to improved affordability, and Downtown Toronto for its accessibility to public transit and walkability.

→ There’s a decline in condo apartment units because construction costs are surpassing current market values. 

→ Many buyers and sellers are taking a ‘wait-and-see’ approach. Activity is predicted to pick up as interest rates are anticipated to plateau and decrease later in the year.

#buyingahome #buyingahouse #housingmarket #housingtrends #markettrends #ontariohousingmarket #homeprices #newlistings #marketoutlook #gtarealestate

## Stats

- **Views:** 55
- **Likes:** 9
- **Shares:** 0
- **Comments:** 0

## Tags

newlistings, buyingahouse, buyingahome, gtarealestate, markettrends, marketoutlook, housingtrends, housingmarket, homeprices, ontariohousingmarket

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