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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

  • Home sales in Greater Toronto Area rose by 44.4% in October, with 6,658 homes sold compared to 4,611 last year.
  • Sales increased by 14% from September after the Bank of Canada's interest rate cuts.
  • TRREB reported that despite tightened market conditions, homebuyers still had plenty of inventory to choose from.
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  • 57% of the sources lean Left
57% Left
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BusinessBusiness
Bank of CanadaBank of Canada
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EconomyEconomy
InflationInflation
Interest RatesInterest Rates
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