VANCOUVER — The Real Estate Board of Greater Vancouver says a jump in new listings is helping to bring some balance back to the region's housing market.
There were 5,446 new listings last month, a 28.4 per cent increase from a year earlier, as new listings were 5.2 per cent above the 10-year seasonal average. TORONTO — Greater Toronto home sales slid 7.1 per cent last month compared with September 2022, with sales of semi-detached houses and townhouses particularly declining from last year. Last month's 4,642 home sales also marked a 12.1 per cent month-over-month decline from August, according the Toronto Regional Real Estate Board's latest market watch report. Meanwhile, the average home price reached $1,119,428, a rise of 3.
"There are more motivated sellers and more active listings overall than any time since last December, improving buyers' chance to find the right fit."Greater Toronto Area home prices rose in September for the first time in four months, as the Bank of Canada paused its interest rate hiking campaign, but the level of sales fell to the lowest since January. The average price of a GTA home rose 3.
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