Palmerston-Little Italy | Quarterly Analysis of the Real Estate Market | Q2-2024
When analyzing a specific community, the limited number of properties compared to an entire municipality often results in too few data points for meaningful reports. To mitigate this, quarterly analysis of a community is more insightful than a monthly analysis.đź”´ Detached: Only one detached home was
New condominium sales plummet to 27-year low
A recent study by Toronto-based Urbanation Inc. revealed a significant slowdown in the Greater Toronto Hamilton Area (GTHA) condo market, marking a historic low in sales. According to the Q2-2024 Condominium Market Survey, condo sales plummeted to a 27-year low in the first half of 2024. In Q2-2024,
Powell reveals confidence that inflation is under control
Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the way for near-term interest-rate cuts.Powell pointed to the three latest inflation readings — including
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