Experts losing confidence that Toronto's housing market is going to heat back up

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Real,Estate,Housing

Realtors and homeowners are likely rejoicing as action slowly returns to at least some parts of Toronto's real estate market, but while certain sta...

, RE/MAX Canada continues the trend of those with skin in the game promising a bounceback of buyer demand as interest rates ease. But, this prediction for the majority of the rest of Canada does not apply to the Toronto area, per their estimates.

Surrounding locales will see similar low single digit dips, according to RE/MAX, though the typical house or condo in Mississauga, Brampton, York Region and Burlington will remain well over the $1 million mark.

 

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