Overview: a look at the August 2023 GTA housing market data, including home sales, prices and listings, plus the impact of the BoC’s latest interest rate decision. The Financial Post concurs: Toronto housing market cools in August amid rising borrowing costs Sales fell, prices flat-lined and supply remained scarce last…
Tag: interest rate hike
GTA Housing Market Finds Balance In July 2023
Overview: a look at the July 2023 GTA housing data, including home sales, prices and listings, plus the ongoing impact of rising interest rates. This headline from Yahoo Finance sums it up perfectly: Toronto home sales and prices up from last year, but momentum slows As expected, rising interest rates…
GTA Home Sales, Prices Rise in June 2023
Overview: a look at the June 2023 GTA housing market numbers, including sales, prices and listings, plus the impact of the BoC’s latest interest rate decision. After holding steady since January, interest rates finally rose last month. What impact did that have on the housing market? And what affect will…
GTA Home Sales and Prices Both Up in May 2023
Overview: a look at the GTA housing market in May 2023, including home sales, prices, and the impact of the BoC’s latest interest rate decision. Both home sales and prices are up across Toronto and the GTA, suggesting that buyers are pouring back into the market. But is this simply…
August 2022 Market Report: GTA Home Sales & Prices Drop
Overview: a look at the August 2022 housing market numbers for Toronto and the GTA, with a focus on condos, rentals, and the impacts of the latest interest rate hike. The following headlines sum up the August 2022 housing market: Toronto Home Prices Drop 16% in Historic Five-Month Slump —Bloomberg…