GTA home sales plummet last month but economists warn lull could be short-lived
The average home price last month was $863,910 — $111,810 more than last May when houses and condos averaged $752,100 — according to month-end statistics from the Toronto Real Estate Board (TREB) being released Monday. “Home buyers
Toronto's housing market: Sustained chill or Vancouver-style rebound?
House prices in Toronto slipped across the board in May, suggesting that authorities are succeeding in efforts to deflate a market pumped up by ultra-low interest rates and flows of foreign money. Prices for homes in Canada's biggest city have risen …
“Home buyers definitely benefited from a better supplied market in May, both in comparison to the same time last year and to the first four months of 2017,” said Larry Cerqua, president of the Toronto Real Estate Board. next play/pause pre 1/1 …
Home sales in the Greater Toronto Area plunged 20.3 per cent last month compared with a year ago, according to the latest data from the country's largest real estate board, a sign that recent efforts to cool the searing market are having the desired …
Toronto May home sales drop as listings surge, price gains slow
TORONTO — Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per cent from April, results based on the first full month of data
TORONTO — Home sales in the Greater Toronto Area plummeted by 20.3 per cent last month compared to a year ago, Canada's largest real estate board said Monday, a sign that recent efforts to stabilize the city's searing housing market are having an effect. . Toronto's overheated housing market has cooled rapidly since the Ontario government announced a suite of new housing measures in April, with average prices dropping 6 per cent in May, while the number of homes sold fell by 12 per cent during the month. . New data suggests the Greater Toronto Area's resale housing market is cooling as Ontario's Fair Housing Plan sets in — but what about demand for brand new homes? “It's full steam ahead with pre-construction,” says BuzzBuzzHome President Matthew
Toronto home sales drop most since recession as new rules put brakes on market
TORONTO, June 05, 2017 (GLOBE NEWSWIRE) — Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS®, including TREB Commercial Network Members, reported 377,352 square feet of combined industrial,