The trend has pushed some buyers to purchase a lower-priced home.
Overall sales remain far lower than they were a year ago, when the market was soaring, buyers dropped conditions and feisty bidding conditions were the norm. New listings also lag figures from a year ago, amounting to 8,367 in February. That number is down 41 per cent from a year earlier, but TRREB sees changes coming.
“This increased demand will run up against a constrained supply of listings and lead to increased competition between buyers,” he said in a news release.
How many people at National Post are making six figures? My bet is not too many. Point is you need an income of $200k to afford the cost of living in Toronto. The house prices are also 1.5 million and up, with atleast 20% down for houses over 1 mil. First home buyers are screwed
Housing prices have come down. No point voting for PierrePoilievre
And they rose by 28% the year before.
Long way to go
If you view any of this as a positive, if you think this is a sign of ' improvement' . Plz don't vote in the next election. You will be actually helping the country by abstaining.
So it's affordable now. Great news
So property taxes should go down, right?
Here come the bankruptcies...how many banks will we have to bail out this time?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toronto-area home prices down 18% from last February, sales halved: boardGreater Toronto Area home prices fell almost 18 per cent from last February as the number of properties sold was halved, the region's real estate board said. Yea maybe people are finally realizing what an expensive hellhole this place is. Zero sympathy. If you bet on forever good times..you lost 🤷🏾♂️
Source: CP24 - 🏆 30. / 67 Read more »
Toronto-area home prices down 18% from last February, sales halved: boardGreater Toronto Area home prices fell almost 18 per cent from last February as the number of properties sold was halved, the region's real estate board said.
Source: CTVToronto - 🏆 9. / 84 Read more »
Toronto home prices down 18% from last February, sales halved: Board - BNN BloombergGreater Toronto Area home prices fell almost 18 per cent from last February as the number of properties sold was halved, the region's real estate board said. Holy shit ! It’s happening Our homes will likely continue to decline in value for the rest of the decade. Another 65% decline by 2030 is imminent.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more. Lol of kors blame the ban. 😆 😂 could it be the interest that is causing the damage. Global slow economy? We will adjust 30 years too late
Source: nationalpost - 🏆 10. / 80 Read more »
Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more. What about the damage to the fabric of the nation if the citizens have to compete against the world to buy a home in their own country? 'The damage is real' how short-sighted can you be? The act and its language is good. Canadians cannot compete with corporations or organized crime money laundered in our real estate market.
Source: financialpost - 🏆 7. / 85 Read more »