Toronto home prices jump nearly 28% in February, but whisper of balance in market emerges

Home prices across the greater Toronto area surged nearly 28 per cent in February from a year earlier, although a slower decline in listings than in sales indicated a “modest move to a slightly more balanced market,” the Toronto Regional Real Estate Board said on Thursday.

Higher borrowing costs will have a “moderating effect” on home sales this year, with price growth easingin the second half of this year, although substantial immigration and a continued supply shortage are likely to have a countering effect, TRREB said.

This is a result of harpers reckless government policies!!! IStandWithTrudeau

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Calgary market sets February record as home sales surgeThe Calgary Real Estate Board says February’s record sales totalled 3,305, up from 1,831 last year
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »