The real estate board says 5,592 homes were sold in Toronto during September, up 8.5% from the same month of 2024 and up 2% from August of this year. https://t.co/k40MUX8CNn
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Toronto's turbulent real estate market has been accelerating nose-first into the ground for months, and while home sales in the region are actually showing signs of a rebound in the second half of the year, there is still a long .. https://t.co/MGhnBVrIbe
The Toronto Regional Real Estate Board said the 5,592 homes sold last month was up 8.5 per cent from September of last year, and up two per cent on a seasonally adjusted basis from August. https://t.co/2l3QekJeZJ
"Activity has continued to gradually pick up steam over the last five months," Shaun Cathcart, CREA's senior economist, said in a statement. https://t.co/2f1k6uqryT
The increase in sales of existing homes in Canada slowed in August from the prior month, with activity remaining below the long-term historical average and prices continuing to decline from a 2022 peak. https://t.co/C73lFT6lcB
The 44 per cent drop in housing starts overall was driven by a 60 per cent year-over-year decrease in condo starts, the new “Housing Supply Report” by Canada Mortgage and Housing Corp. (CMHC) found. https://t.co/vhdSuk5xle
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Unlike previous months, where growth was largely driven by the Greater Toronto Area (GTA), August saw GTA sales dip slightly. However, this was more than offset by stronger activity in Montreal, Greater Vancouver, and Ottawa. https://t.co/CqIPlW8vzO
Selling and buying a house at the same time can feel like a high-stakes juggling act, especially in today’s market, where high interest rates and steep prices have slowed sales to some of their lowest levels in three decades. https://t.co/2YdIX8AFsE
The Canada Mortgage and Housing Corporation’s fall housing supply report pointed to a stark divide with Calgary, Edmonton, Montréal, Ottawa and Halifax building homes “at record or near-record pace” and costlier markets in .. https://t.co/PKVU6b8p4W
The MLS House Price Index slipped another 0.2% month-over-month in July and is now 22.6% below its peak, leaving values only modestly above levels seen in late 2020. https://t.co/kbWXdtgcny