A drop in sales is no big deal! A drop in prices is a whole new ball game.
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Greater Toronto home sales drop 16 per cent in 2018, fewer houses listed: TREBThe number of homes sold in Toronto and the surrounding area fell in 2018, along with the number of new listings hitting the market, as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules. Toronto sucks 🤷
Source: CP24 - 🏆 30. / 67 Read more »
As listings in Toronto’s real estate market thin, sellers have some leverageA slower market calls for clever strategy Trudeau will refund everyone.
Source: globeandmail - 🏆 5. / 92 Read more »
Vancouver home sales fall to lowest yearly total in 18 years, detached home prices dropSales of the region’s condos, townhouse, and detached homes were down more than 30 per cent in 2018. Wow look at the wonderful graffiti. I bet that added an extra $100,000 onto the price tag? $1.3M firm.
Source: VancouverSun - 🏆 49. / 61 Read more »
Toronto new home prices see biggest 12-month drop in more than two decadesFurther evidence that tighter mortgage lending has slowed a boom in Canada’s biggest city
Source: VancouverSun - 🏆 49. / 61 Read more »
Toronto area home sales fall sharply in November: TREBThe Toronto Real Estate Board said the number of homes sold in the Greater Toronto Area fell 14.7 per cent in November compared with the same month last year JMcFarlandGlobe
Source: globeandmail - 🏆 5. / 92 Read more »
Toronto home sales drop 16% in 2018 in new reality of higher rates and stricter mortgage rulesPrices fall 4.3%
Source: nationalpost - 🏆 10. / 80 Read more »