Dated Archives: March 2, 2018

Day: March 2, 2018 Toronto home sales decline in January, 2018, may point to return to a normal market

  Toronto home sales decline in January, 2018. The prices appear relatively flat and the house sales were down about 40 per cent over the last two weeks in February, 2018, in the Toronto area compared to the same period in 2017, while condo sales dropped about 30 per cent, said Pasalis, real estate broker.   The real estate market has been affected by a series of policies like, (1) Ontario’s Fair Housing Policy, (2) a foreign buyers’ tax aimed at cooling the market, (3) a new mortgage stress test targeted at protecting Canadian banks from dangerously high household debt

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