Toronto home prices rise in February, down 17.9% year-over-year

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Sales tumbled 47% from a year ago, while new listings were down 40.9%, according to data from the Toronto Regional Real Estate Board

Home sales in Greater Toronto and the Vancouver market each fell 47% in February from a year earlier ...The Bank of Canada will keep its key interest rate on hold at 4.50% for the rest of this year, according to economists polled by Reuters, who said the bank was more likely to sound a hawkish tone on March 8 than dovish as inflation remains a worry.

It expects a decline in residential investment and weakness in consumer spending in the first half of the year, while businesses reduce their inventoEven as City of Ottawa officials look into dozens of hectares that have been clear-cut without a permit at the future suburb of Tewin, one neighbour says heavy equipment continues to do loud overnight work behind her house. Shannon Anderson said she first filed a noise complaint with the city Feb.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 47. in PROPERTY

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 »