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TRREB: GTA Home Sales Up Substantially in November

Summary by Financial Post
TORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant that market conditions tightened, resulting in overall average price growth compared to last year.
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