Overview: a look at the Bank of Canada’s decision to pause interest rates at 5%, plus its impact on the GTA housing market and the return of buyers. In one word: relief. Interest rates holding steady means more clarity for those looking to buy and sell, and less financial anxiety…
Tag: rentals
GTA Enters Deep Buyer’s Market In September 2023
Overview: a look at the September 2023 GTA housing numbers, including home sales, prices and listings, and the shift towards a deep buyer’s market. It’s being called the September Surge, with listings up almost 45%. At the same time, sales dropped 7.1%. Growing supply and diminishing demand are both signs…
GTA Housing Market Cools in August 2023
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…