Buyers return to Toronto housing market as prices climb after sluggish period: TRREB

The Ontario board found Wednesday that the average price of a home hit $1,108,606 last month compared with $1,096,519 the month before.

"As we moved through the first quarter, Toronto Regional Real Estate Board members were increasingly reporting that competition between buyers was heating up in many GTA neighbourhoods," Paul Baron, the organization's president, said in a statement. TRREB found March's composite benchmark price was $1,118,500, a 16.2 per cent drop on a year-over-year basis, but up month-over-month on both an actual and seasonally adjusted basis.

Their cautious approach pushed new listings to 11,184 last month, down 44 per cent from the prior March.

This a yearly burst from late March to May

Lol enjoy the expensive version of New Dehli with even more violent crime. Glad I left that dump of a country

Every headline about prices going back up makes we want to cry.

Must know to self-entertain, cause there's barely any nightlife left. what is available is expensive af..

Unless these are cash buyers, obtaining mortgage otherwise from money grabbing banks will not be easy at all!

these greedy buyers are the reason you cannot afford your homes! they always outbid eachother, pay higher than market price! they are the problem!!!!!!!!!! overpaid homes will increase rent to make living unaffordable! we should take back the homes, as the homes are owned by

Price ceiling, folks.

Why would anyone want to live in such a garbage city?

Large sell off is starting because of the exodus of good hard working taxpayers. We had enough

The gullible who trust you to give them real money news will lose those homes by next year as WE ALL KNOW the dollar will be worthless by July 1 ,,, WATCH TRUTHFUL NEWS about money NOT ON CTV network BLOOMBERG is the one rich folks watch for TRUTH

who’s buying the millionaires,ceos and immigrants who came with money. No one from middle class can afford a home

LOL

If people are buying homes in Toronto it just shows that the middle class will never get into the housing market.

😂😂😂🤡🤡🤡🤡

TRREB is not a reputable source on this

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buyers return to Toronto housing market as prices climb after sluggish period: TRREB - BNN BloombergThe Toronto Regional Real Estate Board says competition between buyers returned to the market last month as the average home price in the area ticked above the average list price for the first time since May 2022. People have too much $$$ these days and are bidding up the price of homes. We need higher income taxes to control inflation. ProLuxRE I will provide active cash buyer leads for the real estate industry SalesLead MotivatedSellers RealEstateInvestor CashBuyerLeads ActiveCashBuyer Investor CashBuyer SalesLeads RealEstateLeads MotivatedSellers SellerLeads Fiverr link-
Source: BNNBloomberg - 🏆 83. / 50 Read more »

What buyers are looking for when buying your business – Canadian InvestorWhat buyers are looking for when buying your business CanadiansInvest
Source: CanadiansInvest - 🏆 53. / 59 Read more »