October 2023

TRREB: High Interest Rates Impacting the Market, but...

Posted on Oct 25, 2023

... Population Growth Will Soon Spur Demand

TORONTO, ONTARIO, October 4, 2023 – The impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic growth continued to weigh on Greater Toronto Area (GTA) home sales in September. 

However, despite the market being better-supplied with listings...

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