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.
Toronto house price fall signals market is cooling
Toronto's housing market: Sustained chill or Vancouver-style rebound?
The average price of a home in the Greater Toronto Area fell 6.2 percent from just a month ago, signalling a slight cooling of the market since the Ontario government imposed new housing rules to tame Toronto's housing bubble. Home prices, however …
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 …
A large drop in the rate of GTA home sales in May—20.3% behind the same period in 2016—is being weighed against the positives of a substantial increase in new listings. Market reports in recent months have stressed the impact of low inventory on …
GTA home sales plummet in May after foreign buyers' tax
“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 … . TORONTO, June 05, 2017 (GLOBE NEWSWIRE) — Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB's MLS® System in May 2017 – down by 20.3 per cent compared
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housing market feels chill from provincial measures” alt=”Toronto's housing market feels chill from provincial measures”>The Toronto housing market has taken a breather after the Ontario government unveiled a raft of measures aimed at cooling torrid activity. The average sale price in the Greater Toronto Area was $863,910 in May, a 6.2-per-cent drop from the previous …
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 — The Toronto Real Estate Board says home sales in the Greater Toronto Area plunged last month by 20.3 per cent as prices continued to climb. The board says the average selling price for all properties in May was $863,910, an increase of 14.9. Toronto's housing fever is showing signs of cooling as price gains slowed and new listings surged in May, the first full month reflecting a new tax on foreign buyers and a crisis at mortgage lender Home Capital Group Inc. The number of new listings … . 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,
