LACKIE: Toronto’s real estate market stalled

Toronto's real estate market in November saw a decrease in sales and an increase in listings, resulting in flat year-on-year prices. Higher borrowing costs and economic uncertainty continue to impact the market. However, as mortgage rates are expected to decrease and the population grows, demand is predicted to increase, leading to a potential rise in house prices. Some recent sales have seen prices drop, but overall sellers are not adjusting their asking prices.

Continue to full article


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *