Sales Continue to Decline. Increasing Borrowing Costs. Prices Remain Stable.
- GTA home sales in September were down 44% since last year. However, prices were up 0.7% from last month.
- The market continues to adjust with increasing borrowing costs.
- Lowest number of new listings reported for the month of September since 2002.
- "October generally represents the peak of the fall market. It will be important to see where price trends head over the next month." Jason Mercer, TRREB Chief Market Analyst.
Want more details? Check out TRREB's Full Report
September 2022 vs. September 2021
September 2022 vs. August 2022
Click here to see Toronto Real Estate Board's Full Report
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