\u0022Home sales were hampered last month by uncertainty surrounding the Bank of Canada\u0027s outlook on inflation and interest rates.\u0022
From February to May, average prices and sales ticked up once more and sellers started to have the confidence to list their homes again.The average home sold for $1,182,120 last month, up 3.2 per cent from the June before. However, the price was below the average of $1,195,929 that homes went for in May.
Condo apartments were a different story, with prices dropping on average by 1.1 per cent from last year. The change was meagre — a mere 0.2 per cent in the 416 — but higher in the 905, where it dropped by 1.1 per cent.Article content
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toronto home sales and prices up from last June, down from May: TRREB - BNN BloombergToronto homebuyers that snapped up a property last month paid more on average than they did a year ago but less than they would have if they closed the deal in May, the Toronto Regional Real Estate Board said Thursday.
Read more »
Toronto home sales dipped in June as prices continued to riseHome sales fell by 7 per cent from May to June, says the Toronto Regional Real Estate Board
Read more »
Toronto housing market slips in June as Bank of Canada decision loomsToronto home sales dip on interest rate uncertainty and dearth of listings, says Toronto Regional Real Estate Board. Read more
Read more »
Toronto housing market slips in June as Bank of Canada decision loomsToronto home sales dip on interest rate uncertainty and dearth of listings, says Toronto Regional Real Estate Board. Read more
Read more »
Real estate sales up as market returns to traditional seasonal patternA total of 705 properties sold in June, up from 612 in June of last year
Read more »
June home sales in GTA up from last year but lack of supply led to tighter market conditions: TRREBThe number of homes sold in the Greater Toronto Area last month was up from a year ago but was down from last May as buyers continue to face a lack of inventory.
Read more »