What Will the Real Estate Market Look Like in 2024?

From market analysis to global and economic factors to emerging technology, Adrian Trott and Ariel Kormendy share their educated forecast on how they see the real estate industry will be in 2024. Will it be a buyer’s, seller’s, or balanced market? Will the interest rates go down? Listen now so you don’t miss out on the opportunity to stay ahead of the curve!

From the KT Team, we wish you a wonderful Christmas!


0:01 – Intro
2:02 – Adrian’s memorable Christmas present
3:17 – Ariel’s memorable Christmas present
4:04 – Adrian loves eggnog
4:52 – Ariel’s grandmother’s fish soup
8:03 – Adrian brines his turkey
12:25 – There were 878,000 mortgages renewed in 2023, according to CMHC
15:59 – A $100,000 mortgage right now is $660 a month
18:03 – Adrian’s prediction
18:35 – Ariel’s prediction
20:55 – Get your home ready now if you’re thinking of upgrading in 2024 or 2025
24:27 – What will be your property’s value a year from now? (WIN A $100 VISA GIFT CARD!)
27:19 – Funny Reddit real estate posts


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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.

Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.

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