Toronto Real Estate Board( TREB) says a third consecutive month-to-month drop in home prices in the Toronto region in July, 2017. Although the average price for all types of residences was still 5 per cent higher year over year, it was down about 6 per cent from June to $746,216. The number of sales also fell […]
Toronto Real Estate Bubble
Toronto’s deflating run away housing prices, in one chart
Home sales in Canada’s largest metropolis slowed down for the third largest month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listings rose nearly 16 per cent, and as active listings surged over the year before. The average house price still increased 6.3 per cent […]