Early Signs of Recovery in GTA Low-Rise Market?

Toronto's low-rise housing market shows renewed buyer interest, with July sales up 16% from last year and nearing 2018 levels. Demand is increasing, though the market remains sluggish. The condo market is weaker, with sales up 5%, listings up 18%, but prices down 9%, marking the 15th month of declines. Some condos are selling 15-20% below recent prices, causing owners to rent rather than sell.

Continue to full article


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published.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