Home sales in the Greater Toronto Area decreased 37.3 per cent last month compared with a year ago, Toronto real estate board said Thursday as purchasers moved to the sidelines following the introduction of legislation that is targeted at cooling one of the most run away housing marketplaces in North America. The Toronto Real […]
Archives for July 2017
Toronto’s deflating run away housing prices, in one chart
Home sales in Canada’s largest metropolis slowed down for the third largest month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listings rose nearly 16 per cent, and as active listings surged over the year before. The average house price still increased 6.3 per cent […]
Toronto’s housing market declines in May, 2017
After a long period of extraordinary home sales and housing price growing, the Toronto Real Estate Board( TREB) reported that the Greater Toronto Area’s housing market posted the first decline in May, 2017 for a market that’s been hot for at the least the last two years. But will this be a one-month blip, […]