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Writer's pictureJared Olmsted

Sutton Quantum Qupdates - DECEMBER 2023


Sutton Quantum December Qupdates


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SQ'S NOVEMBER TOP 10s

​TOP NUMBER OF

UNITS SOLD

TOP $ GROSS

VOLUME SALES

Marcella Racic

Ahmed Dagher

Elizabeth Goulart

Marilyn Duarte

Deepika Gupta

Raluca Caragaceanu

Marilyn Duarte

Marcella Racic

Lauren Zylik

The Fournier Family

The Fournier Family

Margarita Gelowitz

Ahmed Dagher

Bryan Adlam

Bryan Adlam

Chile Paul

Peter De Bruyn

Rick Bartlett

Raluca Caragaceanu

Joseph Corluka

Congratulations on making the Top 10 for Sutton Quantum during the month of November!


Disclaimer: The above Top 10 information is internal data distributed to Sutton Quantum Agents only.

Please do not disclose the names of Sutton Quantum agents or their place on any Top Ten lists to outside agents, clients or on any public forum.


MARKET WATCH

AVERAGE PRICE COMPARISON


MISSISSAUGA DETACHED HOMES

Mississauga Detached Market Report


Month to Month Comparison:


November Average Price

$1,398,829


vs


October Average Price

$1,564,286

MISSISSAUGA CONDO/APARTMENT

Mississauga Condo Apartment Market Report

Month to Month Comparison:

November Average Price

$649,756

vs


October Average Price

$626,630

 
OAKVILLE DETACHED HOMES

Oakville Detached Market Report

Month to Month Comparison:

November Average Price

$1,888,364


vs


October Average Price

$1,784,427

OAKVILLE CONDO/APARTMENT

Oakville Condo Apartment Market Report

Month to Month Comparison:

November Average Price

$1,335,092


vs


October Average Price

$811,372

MARKET WATCH OVERVIEW


TORONTO, ONTARIO, December 5, 2023 – High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling prices remained basically flat year-over-year.


“Inflation and elevated borrowing costs have taken their toll on affordability. This has been no more apparent than in the interest rate-sensitive housing market. However, it does appear relief is on the horizon. Bond yields, which underpin fixed rate mortgages have been trending lower and an increasing number of forecasters are anticipating Bank of Canada rate cuts in the first half of 2024. Lower rates will help alleviate affordability issues for existing homeowners and those looking to enter the market,” said Toronto Regional Real Estate Board (TRREB) President Paul Baron.



Download Market Watch Reports

​TRREB

Market Watch



​OMDREB

Market Watch



​RAHB

Market Watch



SQ Strategic Partners and Home Services

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