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  • Inflation and Borrowing Costs Impacted October GTA Real Estate Market

    Inflation and Borrowing Costs Impacted October GTA Real Estate Market

    Uncertainty around inflation, borrowing costs and the economy kept many Greater Toronto Area (GTA) homebuyers on the sidelines in October. While monthly mortgage payments for an average priced home have edged up compared to a year ago, they are still much more affordable than required payments in 2023 and 2024. GTA REALTORS® reported 5,603 home…

Market Watch Minute

Homebuyers were in a holding pattern in September, as uncertainty surrounding the economy, inflation and borrowing costs weighed on Greater Toronto Area (GTA) home sales.

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