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November real estate market update! ✅ The Good News: Sales are up 40% compared to last year! That’s 5,800 homes sold versus 4,200. Detached homes saw a 3.9% price increase year-over-year. ⚠️ The Challenges: Active listings increased by 30%, giving buyers more options but creating tougher competition for sellers. Condo prices are slipping due to high maintenance fees and lower demand from investors and end users. 📅 What’s Next? From late December to March, the market is expected to pick up. If you’re planning to sell, this is your chance to target serious buyers with less competition. Don’t wait for the spring rush when inventory surges! 🏡 Let’s Chat: Thinking of buying or selling? Reach out—I’m here to help you navigate the market. 👉 Like, comment, and subscribe for more real estate insights! #GTARealEstate #TorontoMarketUpdate #TorontoHomes #RealEstateTrends #MarketInsights