Find your latest investment opportunity or forever home! Join us at 991 Bay St, on Wednesday August 31st at 12:00 PM to learn all about pre-construction and have a private tour. The iDEALtoronto team will be happy to assist you in any way possible!
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SALES SUMMARY Sales on TRREB have continued to weaken. For August there were 5,294 sales. This was 5.2% lower than August of last year and even with July. Usually, sales in August are higher than July. So far prices have remained steady, but we believe that is about to change. A lack of new listings…
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Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average price edged lower.
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TORONTO, ONTARIO, July 13, 2023 3 Market conditions in the condominium apartmentsegment tightened markedly in the second quarter of 2023. Sales were up strongly on ayear-over-year basis, whereas the number of new listings was down sharply. With morecompetition between buyers, average condominium apartment selling prices should climb abovelast year9s levels in the second half of…
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