Supply Remains an Issue Despite Impact of Higher Mortgage Rates
TRREB Calls on Municipal Election Candidates to Remain Focused on Addressing Housing Affordability TORONTO, ONTARIO, October 5, 2022 –The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44.1% compared to September 2021. New listings were also down on […]
Market Continues to Balance Out as Borrowing Costs Trend Higher Toronto, Ontario – June 3, 2022
Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings at the end of May were up on a month-over-month and year-over-year basis. More balanced market conditions have provided buyers with […]
