Toronto home sales climbed 14% in October as homebuyers jumped back into the market

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 15 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 66%

Cent Nouvelles

Home,Vancouver,Bank

Canada’s real estate market showing signs of rebound after as sales activity also swells in other major cities last month

Home sales in the Toronto region saw 6,390 transactions in the last month after adjusting for seasonal factors, which amounted to a 34-per-cent increase over October of 2023.Toronto’s home sales climbed 14 per cent in October, the steepest monthly increase in nearly a year, as prospective homebuyers jumped back into the market after multiple interest-rate cuts.

Activity also swelled in other major Canadian cities last month, suggesting that the country’s real estate market may be beginning to rebound after two years of slow sales. Ms. Pearce said the lower borrowing costs and relatively flat home prices prompted the increase in activity.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 31. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Gold market analysis for October 14 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »