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1. toronto.citynews.ca › 2024/06/25 › inside-torontosInside Toronto's slumping condo market - CityNews Toronto

   toronto.citynews.ca › 2024/06/25 › inside-torontos

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   4 days ago · Last Updated June 25, 2024 11:43 am. There’s a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them. Diana Zlomislic is a housing reporter for The Toronto Star. “I think what happens with the central bank, whether they ...

2. www.thestar.com › politics › federalLiberals grapple with stunning Toronto byelection loss

   www.thestar.com › politics › federal

   4 days ago · The Liberals are now grappling with the fallout of that serious blow in Toronto—St. Paul’s, where the Tories dealt them their first defeat in the 416 since Trudeau became prime minister more ...

3. www.bloomberg.com › news › articlesCanada’s Conservatives Win Liberal Stronghold in Blow to ...

   www.bloomberg.com › news › articles

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   3 days ago · Canada’s Conservative Party won a special election in a district in central Toronto, dealing a substantial blow to Prime Minister Justin Trudeau’s Liberal Party ahead of a national vote ...

4. globalnews.ca › news › 10546356‘When rates go down, prices go up’: What’s in store for ...

   globalnews.ca › news › 10546356

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   Jun 5, 2024 · The central bank announced the quarter-percentage-point cut on Wednesday, its first in more than four years, meaning its key interest rate now stands at 4.75 per cent.

5. wowa.ca › toronto-housing-marketToronto Housing Market: Jun. 5th, 2024 Update - WOWA

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   The Greater Toronto Area (GTA) housing market saw inventory soaring to a decade high in May 2024, with 21,760 active home listings by month’s end. That comes amid a surge in new listings, while sales and home price growth are held back.

6. www.cbc.ca › news › canadaOntario to get $4.7B from feds for housing, infrastructure

   www.cbc.ca › news › canada

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   Jun 5, 2024 · Ontario will get $4.7 billion over the next five years for housing and other infrastructure, as part of a new deal announced Wednesday.

7. People also ask

   What happened to sales in the Greater Toronto Area (GTA)?

   • The Greater Toronto Area (GTA) overall had 7,013 sales, experiencing a notable decrease in sales, with a 1.4% decline from the previous month and a staggering 22.2% drop compared to the previous year. This trend is consistent across various cities:

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   Should you buy a condo in Toronto?

   • There’s a record number of Toronto condominiums on the market right now, and despite record immigration, and an ever-worsening housing crisis, nobody seems to want to buy them. Diana Zlomislic is a housing reporter for The Toronto Star.

   Inside Toronto’s slumping condo market

   toronto.citynews.ca/2024/06/25/inside-torontos-slumping-condo-market/

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   What happened to home sales in Toronto in May?

   • But home sales declined in all three cities. In Toronto, there were 21.7 per cent fewer sales in May year-over-year, the Toronto Regional Real Estate Board reported Wednesday. The board said 7,013 homes changed hands in the month compared with 8,960 in May of last year, which coincided with a brief market resurgence.

   ‘When rates go down, prices go up’: What’s in store for Toronto amid

   globalnews.ca/news/10546356/toronto-area-home-sales-may-2024/

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   How has Toronto's housing market changed over the past month?

   • The median Toronto home price has risen 4.8% month-over-month to $948,000, bringing it 2.1% higher year-over-year. Brampton's housing market shows a more pronounced decline, with the average price dropping by 2.3% from the previous month and a substantial 9.8% year-over-year decrease to $1,002,608.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   How did Toronto's sales perform in a year?

   • This trend is consistent across various cities: The City of Toronto’s 2,701 sales saw a 4.6% month-over-month increase but a 17.8% year-over-year decrease. Brampton and Mississauga both reported yearly declines in sales figures to 484 sales and 635 sales, respectively.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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   How did GTA home sales perform in May 2024?

   • This is a 1.1% increase month-over-month. The GTA’s median home price is down 4.2% year-over-year. GTA home sales for May 2024 experienced 1.4% decrease relative to the previous month, yet a much larger 22% decline year-over-year, culminating in 7,013 homes sold in May 2024.

   Toronto Housing Market Report - WOWA

   wowa.ca/toronto-housing-market

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8. www.cbc.ca › news › politicsTrudeau says he hears Canadians' 'concerns and frustrations ...

   www.cbc.ca › news › politics

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   3 days ago · Before Monday's close vote, a Conservative candidate hadn't been competitive in Toronto-St. Paul's since the 1980s. The party hadn't won a seat in urban Toronto since the 2011 federal election.