This week Peter explores the evolving real estate market, examining key trends and insights as we wrap up 2024. With an emphasis on the impact of interest rates, evolving buyer preferences, and market performance, we discuss predictions for 2025.

• Examination of the year in real estate, highlighting two distinct halves 
• Growth in property prices with variations across segments 
• Significant increase in cash transactions, especially among baby boomers 
• Shift towards older apartments due to concerns regarding new constructions 
• Importance of strata reports and changing buyer behaviours 
• Analysis of market stock levels and their implications for buyers and sellers 
• Monitoring of rental market pressures and tenant resistance 
• Discussion on political influences affecting housing demand and availability 
• Predictions for how market dynamics will evolve in 2025

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