Toronto housing market shows signs of rebounding, prices up in March

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Volume of sales rose by 44 per cent from February to March and the home price index rose by 2.5 per cent to $1,118,500 over the same period

Toronto’s housing market is showing signs that it is on the rebound, with sales jumping and home prices rising in March for the second consecutive month.

The Bank of Canada announced in January that it would hold its key interest rate steady. That started to give prospective buyers confidence that borrowing costs would not rise. Ms. Montgomery said more than 130 people came to one of her open houses over the past weekend. She said the last time she saw that level of interest was in June of last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😂😂😂😂🤡 I hope it goes up 100% a year so you all can get poorer and poorer

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines