Toronto’s October results showed signs of life as transactions were 37% higher than last October’s. Prices were up for freehold properties while condo prices were slightly off from a year ago. Transactions were up as the Bank of Canada lowered the key overnight rate for the 4th consecutive meeting with the most recent decrease of 0.50%…
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It’s Broke, Fix It
Toronto’s September real estate market was slow. Hopes of a strong fall market following a sluggish summer did not transpire as sales came in only 4% higher than a year ago and 5% higher than Aug 2024. Prices were resilient following 3 interest rate reductions since the beginning of the summer. September saw the surge of new…
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