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Well-supplied
- "The (Toronto area) housing market is currently well-supplied. Recent home buyers have benefited from substantial choice and therefore negotiating power on price," TRREB chief market analyst Jason Mercer said in a statement.
www.reuters.com/markets/toronto-area-home-sales-rise-june-halt-four-month-slide-2024-07-04/
People also ask
What's happening with Toronto's housing market?
How has Toronto's home price changed over the years?
Does new supply make a difference in Toronto's housing market?
Will the Toronto housing market increase in 2021?
Jan 30, 2023 · One year ago, rates were at historic lows, housing values were soaring. Out-of-control inflation and eight rate hikes later, many people are now under financial siege.
Jun 2, 2023 · The slowdown in Toronto's housing market continued to slip away last month as home sales came in higher than they were a year ago and prices edged closer to pandemic highs.
Aug 19, 2024 · Opponents of new housing have claimed new supply wouldn’t rein in prices. They’re wrong. The decline in rent in Toronto, amid a surge of supply, shows the central role for the market in...
Growing demand, low supply and rising prices are expected to impact activity and prices in 2021. Thus, the RE/MAX outlook for Toronto real estate is a 6% increase in average price to approximately $974,015 across all property types. The Toronto housing market currently has two months of inventory.
Oct 10, 2023 · Toronto’s rental market is in dire need of more supply. But back in the 1960s and 1970s the city had a healthy stock of apartment buildings. So what happened?
Feb 7, 2019 · On one end of the spectrum, residents waiting for supportive housing remain in homeless shelters, hospitals, rooming houses or other forms of housing that don't meet their needs for an...
Sep 5, 2024 · Home prices in the Greater Toronto Area (GTA) housing market continued to decline in August 2024 as the region saw an abundance of home listings. All three measures of home prices, benchmark, average, and median, have dipped to their lowest level since January 2024.
