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Toronto home sales rose 8.5% in September as prices decline

Toronto home sales rose 8.5% in September, but activity remains 27% below the 10-year average for that month.
The home price index fell 0.5% from August to $971,500, marking the 10th straight month of declining or stagnant prices.
Condo prices have seen the steepest drop, with the index down 8% year-over-year in Toronto and surrounding areas.

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15 Articles

Global News

Lean Left

Toronto home sales rose 8.5% in September as prices decline - Toronto

Toronto's real estate board says sales rose in September as prices continued to decline.

20 hours ago·Toronto, Canada

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Financial Post

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Toronto homes sales rise after interest rate cut, but prices are still falling

Homebuyers took advantage of lower interest rates in September, boosting the Greater Toronto Area housing market. Find out more.

21 hours ago·Canada

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The Globe & Mail

Center

Toronto home sales rise 2% in September, but remain below 10-year average

Lower average selling price and lower borrowing costs have helped prospective buyers, TRREB analyst says

21 hours ago·Canada

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Bloomberg

Lean Left

Toronto Home Prices Extend Their Slide Even as Sales Rebound

Toronto home sales rose last month as the Bank of Canada resumed interest-rate cuts, though prices continued their steady decline as a glut of listings increased buyers’ negotiating power.

21 hours ago·United States

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