Home sales in the GTA drop 7.1% in September as higher rates bite
Greater Toronto home sales slid 7.1 per cent last month compared with September 2022, with sales of semi-detached houses and townhouses particularly declining from last year.
Last month’s 4,642 home sales also marked a 12.1 per cent month-over-month decline from August, according the Toronto Regional Real Estate Board’s latest market watch report.
Meanwhile, the average home price reached $1,119,428, a rise of 3.4 per cent from August and a three per cent increase from last September.
Categories
Recent Posts
Small Vancouver builders embrace citizen-developed housing through multiplex prezoning
Why millionaire homeowners in Canada don’t feel rich, the Home of the Week and more top real estate stories
Sellers of semi near Toronto Cricket Club choose a low pricing strategy
Fourplex unit in Vancouver sells at revised asking price after long wait for a buyer
These three affluent Toronto areas have seen prices drop below prepandemic levels. Here's why
These unexpected costs could derail your plan to buy a home
Two offers for Toronto condo ‘almost unheard of’ in current market
Corner condo in Forest Hill sells at full price in nine days
New Calgary townhouse cuts price to compete against area’s detached homes
Saddle up: A horse-friendly country retreat north of Toronto
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "