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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.theglobeandmail.com › real-estate › torontoSellers seize on rate drop to enter housing market - The ...

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   3 days ago · She accepted a lower sale price than she was expecting, he says, but so far the sellers she has been negotiating with are unwilling to bend. “She was told she was going to get $1.4-million for ...

3. thedeepdive.ca › torontos-real-estate-market-highToronto's Real Estate Market: High Supply, Record-Low Demand ...

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   2 days ago · Greater Toronto’s real estate market continues to struggle, with recent data from Altus Group and BILD GTA indicating further declines in new home prices and record-low sales figures for May. The benchmark price for single-family homes fell to $1.61 million, a 7% drop from the previous year, while condominium prices decreased by 5% to $1.04 million.

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

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   2 days ago · 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.

5. www.blogto.com › real-estate-toronto › 2024Experts warn shockingly low home sales in Toronto will lead ...

   www.blogto.com › real-estate-toronto › 2024

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   3 days ago · No one can afford to buy*. — Synthetic Animals (@moodyangela) June 6, 2024. The volume of new home sales across the GTA in May, the group says, was an astonishing 71 per cent lower than May 2023 ...

6. www.cbc.ca › news › politicsConservatives win longtime Liberal stronghold Toronto-St ...

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   4 days ago · Roughly 55 Liberal MPs won their Ontario ridings by a smaller margin than what Bennett posted here in Toronto–St. Paul's in the last general election, according to a CBC News analysis of past ...

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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   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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   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 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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   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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   Are deals hard to put together?

   • Still, deals are sometimes hard to put together. Mr. Pope is working with one buyer who recently sold a row house and is currently shopping for a condo. She accepted a lower sale price than she was expecting, he says, but so far the sellers she has been negotiating with are unwilling to bend.

   Sellers seize on rate drop to enter housing market

   www.theglobeandmail.com/real-estate/toronto/article-sellers-seize-on-rate-drop-to-enter-housing-market/

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8. www.theglobeandmail.com › canada › articleConservatives take Toronto-St. Paul’s riding in major upset ...

   www.theglobeandmail.com › canada › article

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   4 days ago · Conservative candidate Don Stewart won the Toronto-St. Paul's by-election. Supplied. Prime Minister Justin Trudeau’s Liberals were hit with a stunning upset in a Monday night by-election, losing ...