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As borrowing costs remained high in Q2 2024, condominium apartment sales were down noticeably in comparison to Q2 2023. Over the same period, condo apartment listings were up substantially. The average condo apartment selling price was down slightly year-over-year. Condo apartment sales amounted to 5,474 in Q2 2024 – down 19.8 per cent compared to…
Despite the Bank of Canada rate cut at the beginning of last month, many buyers kept their home purchase decisions on hold. TRREB’s Chief Market Analyst Jason Mercer breaks down the numbers every month in the must-see Market Watch Minute.
Stay up to date with the latest market stats for the Greater Toronto Area.