GTA Market Update: As the Summer Market Ends, Interest Rates are on Hold Once Again
GTA Market Activity – August 2023
In August, home values in the Greater Toronto Area were essentially flat as compared to last year, with an average sales price of $1,082,496, pointing to the remarkable resilience in Toronto’s housing market. However, average prices have declined since interest rates started to rise again this past June. With the Bank of Canada’s announcement…more
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