monthly stats report for July 2022
A 2.6 per cent average price drop for the GTA isn't amazing, but it's better than what prospective buyers were looking at last summer, when prices were rising by as much as 2.8 per cent every month. Condos in the 416 were also up, 4.3 per cent year-over-year, while condos in the suburbs were some 11.9 per cent more expensive than they were last year at the same time. Conversely, detached homes in Toronto posted a 7.3 per cent price drop, versus a 1.9 per cent price drop in the 905.
Do some real journalism ...Stop getting paid by real estate industry...
Prices are plunging, who paid you ?
Why would they? Not everyone is poor like us!
Prices are already down back to late 2020 and falling.
I hope these people have enough money to sit on these properties for a long time. Interest rates are going up and people are moving out of Ontario.
Interesting daily
You forgot the word “yet”
Basic economics. Less supply will keep prices up.
For now