Play Video
While the MLS Home Price Index and average prices inched up 2.5 per cent and less than a per cent, respectively, on a year-over-year basis, average prices declined slightly from July to $1,082,496, according to monthly data from the Toronto Regional Real Estate Board.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?
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 housing market cools in August amid rising borrowing costs: TRREBHome sales decline, average selling price remains flat
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Toronto home prices fall for third straight month in AugustGreater Toronto Area (GTA) home prices fell in August for the third straight month as higher borrowing costs and economic uncertainty weighed on market activity. The average price of a GTA home fell 3.1% in August from July to C$1,082,496 ($793,619), while the number of sales was up 0.9%, Toronto Regional Real Estate Board (TRREB) data showed on Wednesday. 'In the short term, we will likely continue to see some volatility in terms of sales and home prices, as buyers and sellers wait for more certainty on the direction of borrowing costs and the overall economy,' TRREB President Paul Baron said in a statement.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Toronto home sales little changed from July to August — but expect volatility: boardTORONTO — The Greater Toronto Area housing market saw home sales and prices barely shift between July and August, but the leader of the region's housing board is expecting more volatility on the way.
Source: SooToday - 🏆 8. / 85 Read more »
Summer Stifle: GTA Home Sales, Listings Remain Flat In AugustHome prices in the Greater Toronto Area (GTA) saw a slight dip in August as sales remained relatively flat compared to the month prior, the Toronto Regional Real Estate Board (TRREB) reported on Wednesday.August saw a total of 5,294 sales across the GTA, just 44 more than were seen in July. Compared...
Source: storeyspub - 🏆 16. / 74 Read more »