Following a strong summer, luxury real estate market sales in major Canadian cities are beginning to slow down, according to a new report from Sotheby’s International Realty Canada. But real estate experts say they’re still optimistic that the market will remain resilient through to early 2024.
The luxury real estate management brokerage’s fall report, released on Wednesday, shows that urban hubs such as the Greater Toronto Area (GTA) and Vancouver reported notable increases in annual sales throughout July and August before these gains moderated in September.
“In the summer, which tends to be a time when sales are a little…
sell my own home
Housing Market Is Not Yet at ‘Rock Bottom’ for Many
Redfin’s CEO says the housing market is at “rock bottom.”
That may be true for buyers, but for sellers, the crunch can still get worse.
There is no end in sight for high mortgage rates, and sellers are dropping prices.
Thanks for signing up!
Access your favorite topics in a personalized feed while you’re on the go.
download the app
The housing market is still in an ugly place right now for many buyers, and while things may be stabilizing, that just means the pressure will likely shift from buyers to sellers.
In recent months, mortgage rates have reached their…
Actor Guy Pearce’s stunning ‘double home’ is for sale for around $9m
Actor Guy Pearce has listed his longtime Melbourne abode.
Actor Guy Pearce has listed his long-term, character-filled home in one of Australia’s favorite streets.
The Middle Park listing comes just a few months after Pearce had put it up for lease at $3500 a week.
The offering is two connected double-fronted red brick Edwardian era homes. The price guidance is $8.5m to $9.35m.
RELATED: Hollywood star Guy Pearce sells bushland retreat near Geelong
Bob Dylan lists Scottish estate as he wraps up final tour
Guy Pearce is selling his Melbourne home. Picture: NCA NewsWire / Christian Gilles
Price guidance is…